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Shares of UBS rose Wednesday as the Swiss banking giant's second-quarter earnings beat estimates thanks to growth in its wealth management divisions and savings created as it merges operations with Credit Suisse.
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Starbucks shares remain in focus Wednesday after surging 25% yesterday on news the coffee chain had appointed Chipotle CEO Brian Niccol as its new chief executive. Monitor these important chart levels.
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News of the day for August 14, 2024
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Consumenten zijn terughoudend in hun uitgaven en ook het vertrouwen in de economie is vrij laag. En dat is opmerkelijk, aangezien de lonen in het afgelopen anderhalf jaar flink zijn gestegen en de inflatie daalt.
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Het Duitse reisconcern TUI heeft afgelopen kwartaal flink geprofiteerd van de sterke vraag naar vakanties, citytrips en cruises voor de zomermaanden. Vooral reizen naar Spanje, Griekenland en Turkije zijn populair deze zomer.
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Het Duitse reisconcern TUI heeft afgelopen kwartaal flink geprofiteerd van de sterke vraag naar vakanties, citytrips en cruises voor de zomermaanden. Vooral reizen naar Spanje, Griekenland en Turkije zijn populair deze zomer.
( 1
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De Amerikaanse zoetwarengigant Mars neemt Pringles-maker Kellanova over voor een bedrag van zo'n 36 miljard dollar (ruim 32 miljard euro). Dat hebben beide concerns woensdag bekendgemaakt.
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De Amerikaanse zoetwarengigant Mars heeft een bedrag van 29 miljard dollar (ruim 26 miljard euro) neergelegd om Pringles-maker Kellanova over te nemen. Het gaat om een van de grootste overnames dit jaar, zeggen bronnen woensdag tegen de Britse zakenkrant Financial Times.
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De Nederlandse economie kruipt weer langzaam uit het dal. In het tweede kwartaal van dit jaar is sprake van een groei van 1 procent ten opzichte van de drie maanden daarvoor. En daarmee is een recessie van de baan.
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Ingenieurs uit de Verenigde Staten en het Verenigd Koninkrijk zijn het eens over de kwalificaties en vergunningen waar hun vakgroep over moet beschikken om aan beide zijden van de Atlantische Oceaan te mogen werken.
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Duitsland heeft een eerste internationaal aanhoudingsbevel uitgevaardigd voor de aanslag op de Nord Stream-gaspijpleidingen, melden verschillende Duitse media, waaronder Die Zeit. Het gaat om een Oekraïner die in Polen woont. Ook twee andere Oekraïners gelden als verdachten.
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Werknemers van de grootste kopermijn ter wereld hebben het werk neergelegd. De Chileense mijn Escondida is goed voor ruim 5 procent van de wereldproductie en de vrees bestaat dat de koperprijs verder stijgt als de stakingen niet snel voorbij zijn.
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De flexibilisering van de arbeidsmarkt stagneert door de krapte op de arbeidsmarkt, terwijl het vaste contract steeds populairder wordt. Bedrijven doen er alles aan om mensen te behouden of aan te trekken. Dat geeft werknemers meer macht.
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On Wednesday, Avalon GloboCare Corp. (NASDAQ:ALBT) announced that Laboratory Services MSO, LLC has begun manufacturing the GeeWhiz External Condom Catheter, a patented, FDA-registered, in-market, male incontinence device. Avalon owns a 40% interest in Laboratory Services MSO. Laboratory Services MSO plans to launch its sales of the GeeWhiz External Condom Catheter in the third quarter of 2024. According to Grand View Research, the global male urinary incontinence market size was valued at $6.37
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Mars, whose brands include M&M's, Snickers and Skittles, is buying food company Kellanova in a deal worth nearly $30 billion, giving it access to a huge portfolio of consumer brands from Cheez-Its to Pop-Tarts. Kellanova was created when the Kellogg Co., which was formed in 1906, split into three companies. Kellanova, based in Chicago, houses many brands, including Pringles, Town House, MorningStar Farms and Rice Crispies Treats.
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Find the latest Shell PLC (SHEL) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
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Super Micro Computer's stock is a great buy after a harsh sell-off.
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Find the latest CrowdStrike Holdings, Inc. (CRWD) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
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You might be surprised by what my favorite ETF is right now.
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When the stock market gets choppy, it's time to look for bargains.
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Nasdaq 100 futures were 0.1% lower as Alphabet dipped 1.3% in premarket trading. A media report said the U.S. Department of Justice is considering options that include breaking up Google. A rebound in megacap and technology stocks have helped markets recoup most of their losses from a global market rout earlier this month that was partly caused by data showing a surge in U.S. unemployment rate in July.
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Even if Buffett doesn't invest in these two companies, you might want to consider doing so.
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One of Bitcoin's most dedicated investors believes the life-changing returns have just begun.
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Occidental Petroleum is cashing in on its MLP.
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Tilray Brands said it expects to grow its annual beer volumes by 15 million cases following the purchase.
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Investors are completely writing off the chip giant.
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Nvidia, Broadcom, and Super Micro Computer have all announced 10-for-1 stock splits. However, only one of these market leaders is worthy of investor's money.
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Nvidia could help pull the stock market out of its recent slump.
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Investors who avoid the stock market or indiscriminately buy the dip could wind up in trouble.
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China's Tencent Holdings reported a 8% rise in second-quarter revenue on Wednesday, driven by a recovery in its gaming business after a launch of a new mobile game in May that got off to a strong start. The world's largest video game company and operator of the WeChat messaging platform said revenue reached 161.12 billion yuan ($22.54 billion) in the quarter ended June 30.
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Planning ahead for this major expense before claiming Social Security could save you thousands.
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Its acquisition of Amelia could be a game changer.
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These stocks are on the expensive side, but if their prices fall, it'll be the opportunity you've been waiting for.
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(Bloomberg) -- China’s first bank loan contraction in nearly two decades has fanned fears the world’s No. 2 economy is careening toward a “balance sheet recession” as Japan did decades ago.Most Read from BloombergBiden Invests $100 Million to Fuel Housing ConstructionIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceJohannesburg Mayor Quits Amid Infighting, Financial WoesGottheimer Calls for Rail Riders to
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(Bloomberg) -- Stocks in Asia gained on bets that the upcoming US consumer price report will allow the Federal Reserve to start easing in September. The New Zealand dollar slumped following a surprise rate cut by the country’s central bank.Most Read from BloombergBiden Invests $100 Million to Fuel Housing ConstructionIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestJohannesburg Mayor Quits Amid Infighting, Financial WoesHow Chicago’s Gigantic Merchandise Mart Is Still Thriving
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(Bloomberg) -- Mars Inc. is expected to announce a nearly-$30 billion deal for Kellanova Wednesday, The Wall Street Journal reported, citing people familiar with the matter. Most Read from BloombergBiden Invests $100 Million to Fuel Housing ConstructionIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestJohannesburg Mayor Quits Amid Infighting, Financial WoesHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceGottheimer Calls for Rail Riders to Be Reimbursed
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Amazon's shares have richly rewarded shareholders. Is the stock still worth buying?
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Apple (AAPL) recently posted its Fiscal Q3 earnings, revealing a series of bullish indicators alongside a notable concern. In this article, we will explore five key bullish signs emerging from Apple’s latest results that highlight its growth potential and overall financial strength. At the same time, I will address one red flag that could negatively influence the stock’s investment case. For this particular reason, I remain neutral on AAPL stock despite its otherwise attractive characteristics.
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(Bloomberg) -- Investors will scrutinize any comments from Tencent Holdings Ltd. about its buyback plans during Wednesday’s quarterly results announcement as its competitors catch up with its spending levels.Most Read from BloombergBiden Invests $100 Million to Fuel Housing ConstructionIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceGottheimer Calls for Rail Riders to Be Reimbursed for DelaysJohannesburg
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Intel has sold its 1.18 million shares in British chip designer Arm Holdings, a regulatory filing showed on Tuesday.
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(Bloomberg) -- Intel Corp., which is slashing jobs and expenses in a bid to turn around the business, sold its holdings in chip technology creator Arm Holdings Plc during the second quarter. Most Read from BloombergBiden Invests $100 Million to Fuel Housing ConstructionIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceGottheimer Calls for Rail Riders to Be Reimbursed for DelaysJohannesburg Mayor Quits Amid
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Nvidia shares gained over 6% Tuesday as Goldman Sachs called it the "most important stock" of the year and suggested the chipmaker's earnings later in the month could herald a rally for the stock market.
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(Bloomberg) -- Flutter Entertainment Plc, operator of the FanDuel online sportsbook, reported second-quarter sales and profit that beat analysts’ expectations.Most Read from BloombergBiden Invests $100 Million to Fuel Housing ConstructionHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceGottheimer Calls for Rail Riders to Be Reimbursed for DelaysJohannesburg Mayor Quits Amid Infighting, Financial WoesLos Angeles Sees Remote Work Helping ‘No Car’ 2028 Olympic GamesThe compa
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The fastest way to earn $1,000 in monthly dividends would be to invest heavily in high-yield stocks. But high-yield dividend investing isn't simple. There are tons of yield traps out there. You'll find many companies with over 10% yields, but these ...
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A federal judge in Texas assigned to hear a lawsuit by Elon Musk's social media platform X against a group of advertisers has removed himself from the case following reports that he owned shares of another Musk company, Tesla. U.S. District Judge Reed O'Connor in Fort Worth, Texas did not give a reason in his one-paragraph recusal filing on Tuesday. The lawsuit, filed by X last week, accused the World Federation of Advertisers and others of conspiring to boycott the platform, causing it to lose revenue.
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The Federal Reserve is expected to start cutting interest rates in September. This could increase investors’ focus on growth stocks. Companies in the growth phase invest significantly in their businesses. Consequently, they tend to benefit from lower borrowing costs when interest rates reduce. With this backdrop in mind, we used TipRanks’ Stock Comparison Tool to place Meta Platforms (META), Netflix (NFLX), and Amazon (AMZN) against each other to find the best growth stock, according to Wall Str
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Kroger’s electronic shelving labels allow it to price staple foods like airline tickets, the senator charged in a letter to its CEO.
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A Jewish former employee of Intel sued the chipmaker on Tuesday, saying he was fired after complaining that the senior executive he reported to openly celebrated antisemitism, Hamas and terrorism against Israel. The plaintiff, a former vice president of engineering using the pseudonym John Doe, said Intel fired him on April 2 in a purported cost-cutting move barely two months after assigning him to report to Alaa Badr, vice president of customer success. Intel declined to comment on the lawsuit filed in Manhattan federal court, saying it does not discuss pending litigation.
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(Bloomberg) -- Donald Trump’s appearance on X Monday was the latest headwind for his own, competing social-media platform, adding to a swoon that’s wiped out $3 billion in market value in the last month.Most Read from BloombergBiden Invests $100 Million to Fuel Housing ConstructionHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceGottheimer Calls for Rail Riders to Be Reimbursed for DelaysJohannesburg Mayor Quits Amid Infighting, Financial WoesLos Angeles Sees Remote Work
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Reported delays of Nvidia's next-generation artificial intelligence (AI) may not be as bad as originally feared.
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The AI-capable PC market is gaining significant momentum, with leading companies like Apple Inc (NASDAQ:AAPL), Intel Corp (NASDAQ:INTC), Advanced Micro Devices, Inc (NASDAQ:AMD), and Qualcomm Inc (NASDAQ:QCOM) leading this technological shift. According to Canalys data, 8.8 million AI-capable PCs were shipped in the second quarter of 2024, representing 14% of all PCs shipped during the quarter. Apple continues to dominate the AI-capable PC market with its entire Mac lineup, which features M-seri
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In line with Elon Musk’s increasing rhetoric on X of going back to the good old days, Tesla looks like it’s finally getting ready to open its 1950s-style diner. Tesla is seeking a Tesla Diner Experience Specialist in Los Angeles to work with the charging operations team to ensure “exceptional customer experience at the Tesla Diner,” according to a job posting on LinkedIn, first spotted by the blog Drive Tesla Canada. The job post comes three years after Tesla filed three trademarks for its brand under restaurant services, and seven years after Musk began publicly discussing the idea of a Tesla charging station-meets-diner.
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In a recent video, financial expert Dave Ramsey shared some key insights from his 2024 study on how people achieve millionaire status. According to Ramsey, two main factors are significant in reaching a net worth between $1 million and $5 million: consistently investing in retirement accounts and owning a paid-for house. Don't Miss: The average American couple has saved this much money for retirement — How do you compare? Can you guess how many retire with a $5,000,000 nest egg? – How does it co
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It has been a tough time recently for dividend-paying retail pharmacy stocks. CVS Health (NYSE:CVS) reported earnings on Aug. seven and cut its profit guidance. Second-quarter sales of $91.23 billion missed expectations, and adjusted EPS of $1.83 ...
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"We will perform any necessary rework on airplanes in our production system to ensure they meet all requirements prior to delivery,” a Boeing representative said.
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Vice President Kamala Harris’s selection of Minnesota Gov. Tim Walz as her running mate has created an unexpected challenge for Wall Street’s political donors.Major financial institutions are now grappling with stringent regulations that could limit their employees’ ability to contribute to the Harris-Walz campaign. Don't Miss: Don’t miss the real AI boom – here’s how to use just $10 to invest in high growth private tech companies. This startup is on the brink of a huge disruption to the $654 bi
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Chipotle shares have now dropped more than 25% since the record high set in mid-June.
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The boss of Starbucks has been ousted less than two years into the role amid falling sales and customer boycotts over Israel.
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Exciting shifts are happening among AI companies. See why a couple of top-notch AI stocks are must-buy investment opportunities right now.
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These stocks are down more than 30% from recent highs, but better days could be ahead.
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High-yielding dividend stocks can be an incredible boost to an investor's portfolio, but some are also subject to a fair amount of volatility. Blackstone Mortgage Trust (NYSE:BMXT) reported earnings last month and announced that it cut its dividend by ...
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These companies are on promising growth paths that are too good to ignore.
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(Bloomberg) -- Starbucks Corp. has named Chipotle Mexican Grill Inc. Chief Executive Officer Brian Niccol as the coffee chain’s new CEO and chairman, replacing Laxman Narasimhan after just over a year in the role. Most Read from BloombergHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureBiden Invests $100 Million to Fuel Housing ConstructionGottheimer Calls for Rail Riders to Be Reimbursed for DelaysLos Angel
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Although U.S. stocks closed higher on Friday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an ...
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The market might be down, but these stocks are up.
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U.S. producer prices increased less than expected in July as a rise in the cost of goods was tempered by cheaper services, indicating that inflation continued to moderate. The producer price index for final demand gained 0.1% last month after rising by an unrevised 0.2% in June, the Labor Department's Bureau of Labor Statistics said on Tuesday. Economists polled by Reuters had forecast the PPI gaining 0.2%.
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Wholesale price increases in the United States eased in July, suggesting that inflation pressures are further cooling as the Federal Reserve moves closer to cutting interest rates, likely beginning next month. The Labor Department reported Tuesday that its producer price index — which tracks inflation before it reaches consumers — rose 0.1% from June to July and 2.2% from a year earlier. Excluding food and energy prices, which tend to fluctuate from month to month, so-called core wholesale prices were unchanged from June and up 2.4% from July 2023.
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The sky isn't falling for this tech giant.
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Starbucks announced on Tuesday that Brian Niccol has been appointed chairman and chief executive officer.
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“JPMorgan Chase is the industry leader when it comes to usurious overdraft fees,” Sens. Elizabeth Warren, D-MA, and Chris Van Hollen, D-MD, wrote in a letter sent Friday.
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Home Depot Inc (NYSE:HD) stock is trading lower after the home improvement retailer missed second-quarter 2024 revenue expectations. HD reported second-quarter 2024 sales growth of 0.6% year-over-year to $43.175 billion, marginally missing the consensus estimate of $43.376 billion. The company stated that the total sales include $1.3 billion from the recent acquisition of SRS Distribution Inc. (SRS), reflecting roughly six weeks of sales within the quarter. Customer transactions for the quarter
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Bank of America CEO Brian Moynihan expressed concerns about the potential impact of the U.S. Federal Reserve’s interest rate policy on consumer sentiment and former president Donald Trump‘s idea of presidential control over the Fed’s rate decisions. What Happened: Moynihan warned that if the Federal Reserve does not initiate interest rate cuts in the near future, it could lead to a decline in consumer confidence, in an interview with CBS on Sunday. Don't Miss: Can you guess which type of investm
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Find the latest Occidental Petroleum Corporatio (OXY) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
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min )
Find the latest GSK plc (GSK) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 46
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Find the latest Occidental Petroleum Corporatio (OXY) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
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One of these stocks is not like the others.
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Southeast Asian technology firm Sea Ltd beat estimates for second-quarter revenue on Tuesday, driven by strong growth in its e-commerce and financial services businesses. The company also said CFO Tony Hou had stepped down from its board of directors. Revenue rose 23% to $3.81 billion, compared with analysts' consensus estimate of $3.71 billion, according to LSEG.
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Home Depot's second quarter sales rose slightly as the nation's biggest home improvement retailer booked gains from a recent acquisition, but customers reined in spending because of broadly higher costs and elevated interest rates. In the first quarter, Home Depot ’s sales dipped 2.3% to $36.42 billion as the Atlanta company dealt with high mortgage rates, inflation and a delayed start to spring. Home Depot expects 2024 earnings per share to fall between 2% and 4%.
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Much like Wall Street's rapid healing on Friday, Japanese stocks completed their week-long, hair-raising round trip on Tuesday as Tokyo markets returned from holiday, wiped out the remainder of last week's losses and nudged the yen lower. Japan's parliament plans a special session on Aug. 23 to discuss the Bank of Japan's decision last month to raise interest rates for the second time and signal more to come. But the renewed calm on world markets was evident in Monday's modest moves in U.S. trading too.
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In an epic data breach, hackers claim to have taken 2.9 billion personal records from National Public Data. Most of the data are leaked online.
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I’m 63 and have been on Social Security disability since 2008. My wife, also 63, stays home to care for me. We're in poor health and were denied or quoted high rates for long-term care insurance in our mid-50s, with recent quotes as high as $1,850 a month for me and $2,750 for her. We […] The post Ask an Advisor: We Have $3.7 Million in Assets. Do We ‘Bite the Bullet' and Buy Long-Term Care Insurance? appeared first on SmartReads by SmartAsset.
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Recent market headwinds are giving Nvidia investors a chance to turn back the clock and buy the shares at an attractive price.
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Boost your passive income stream with these oil, gas, and renewable energy stocks.
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Big tech stocks have had a rough recent period, but this company is built to withstand any issue that comes its way.
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A high concentration of growth stocks could be the key to long-term outperformance for this Vanguard ETF.
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Does the AI server maker's recent pullback represent a buying opportunity?
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Wall Street is overwhelmingly bullish on Nvidia despite its tremendous outperformance of late.
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As Sir Keir Starmer seeks to deliver economic growth, the worklessness crisis he inherited from Rishi Sunak is getting markedly worse.
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This under-the-radar monthly dividend payer makes for a phenomenal buy during short-lived periods of panic.
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Citius Oncology’s asset LYMPHIR has gained FDA approval for CTCL treatment in adults.
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The next market sell-off is just a question of when.
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Warren Buffett's investment conglomerate, Berkshire Hathaway, could be the first non-technology company in America to join the $1 trillion club.
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Investors' increased their allocations to cash and reduced their an overweight position in stocks in August, as expectations for global growth dropped to its lowest in 8 months, a BofA survey of fund mangers published on Tuesday showed. According to the survey, 31% of respondents said they were overweight stocks in August, down from 51% in July, while their average cash level was 4.3% of their assets under management, up from 4.1% a month before. BofA attributed the shift to weak U.S. payrolls data for July, and the volatility shock associated with the rebound in the yen.
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(Bloomberg) -- Shares of Covid test kit and drug makers are in the spotlight in Asia, posting strong gains in recent days following a surge of cases. Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceGottheimer Calls for Rail Riders to Be Reimbursed for DelaysLos Angeles Sees Remote Work Helping ‘No Car’ 2028 Olympic GamesIn DNC, Chicago’s Embattled Transit System Faces a High-Profile
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Shares of many highly-valued, high-multiple Tech stocks have fallen sharply during the recent market sell-off. While a reset was perhaps needed, as many of these stocks had reached unsustainable valuations, some great stocks were also thrown out with the bathwater, including semiconductor manufacturing equipment maker Lam Research (LRCX), as you can see below. I’m bullish on this high-quality company based on its crucial role in the semiconductor supply chain, the wide moat of its high-tech busi
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According to Dave Lavalle, Grayscale Investments' global head of ETFs, the cryptocurrency exchange-traded fund (ETF) market is set to expand.
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(Bloomberg) -- Asian stocks rose, recouping their losses from last week’s rout, bolstered by an advance in Japanese shares. Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceLos Angeles Sees Remote Work Helping ‘No Car’ 2028 Olympic GamesGottheimer Calls for Rail Riders to Be Reimbursed for DelaysIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestJapan’s equities gaine
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Wall Street's most closely watched gauge of investor anxiety, the Cboe Volatility Index, has rapidly eased after closing at a four-year high last week and stocks came screaming back following the year's worst tumble. The S&P 500 is up 3% from last week's lows, while the VIX hovers around 20, far below the Aug. 5 close of 38.57. Even so, turbulent episodes in which the VIX shot higher show markets tend to stay frothy for months after a blowup, arguing against the kind of risk-taking that lifted asset prices in the first part of the year.
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An unexpected diabetes partnership with Medtronic bodes well for Abbott's biggest growth driver.
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The coffee chain still has a lot of growth potential.
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Are the company's problems fixable?
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These two fast-growing tech giants may be able to overtake the world's second-largest company in the long run thanks to their lucrative end markets.
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Economists expect that data to be released Thursday will show retail sales moved higher again in July. However, the post-pandemic spending spree may be close to an end.
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Grayscale's latest fund offering exposure to MakerDAO's MKR token is different from its spot bitcoin and ether exchange-traded funds. Here's what you need to know.
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Shares of Singapore tech conglomerate Sea Limited, parent of online shopping website Shopee, jumped Tuesday after the company posted double-digit revenue growth in all its business segments.
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Shelter costs were once a main driver of inflation, but that may finally be changing. Wednesday's CPI report for July will offer fresh clues.
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Sports fans love a playoff run—and so do the cash registers at those playoff games.
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The S&P 500 added 1.7% on Tuesday, Aug. 13, as data showing softer-than-expected gains in wholesale prices reinforced rate-cut expectations.
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Nvidia shares gained over 6% Tuesday as Goldman Sachs called it the "most important stock" of the year and suggested the chipmaker's earnings later in the month could herald a rally for the stock market.
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Starbucks tapped Chipotle CEO Brian Niccol to lead the company as the world's largest coffeehouse chain seeks to regain its footing amid slumping global sales and fend off attacks from disgruntled investors.
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Here's what one analyst says about how a shakeup at the executive level could impact the stocks of the two prominent chains.
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On Tuesday, Atlanta Federal Reserve Bank President Raphael Bostic said he still needs more evidence that inflation is moving toward the central bank's goals.
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The Federal Trade Commission wants tough sanctions put on Alphabet's Google after a jury ruled Google violated antitrust laws in its Google Play Store.
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Alphabet's Google unveiled its Pixel 9 lineup, showcased artificial intelligence features, and more at its Made By Google launch event Tuesday.
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Since going public in 1992, Starbucks has had five CEOs, with founder Howard Schultz taking the reins three times. Here's how its stock fared under each of them.
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Nike is among the best performers in the S&P 500 Tuesday after an analyst at Bernstein Research reportedly reiterated a "buy" rating and $112 price target on the stock.
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U.S. equities were higher in intraday trading Tuesday following a better-than-expected report on producer prices in July.
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DoorDash has partnered with struggling entertainment conglomerate Warner Bros. Discovery to make the Max streaming service free to its premium DashPass customers.
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Huawei is reportedly making an artificial intelligence chip to challenge Nvidia's share of the China market amid tightening export controls on U.S. semiconductor technology.
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Owners of small businesses got more hopeful about the future of the economy in July, but the surge of sunny feelings could be quickly swept away by the shifting winds of national politics.
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HelloFresh beat second-quarter profit forecasts as sales of the company's ready-to-eat (RTE) meals soared.
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General Motors reportedly cut jobs in China as GM's operations in the region struggle to regain profitability amid rising competition.
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Tuesday's report could bolster Federal Reserve officials' confidence that inflation is moving toward the central bank's annual 2% goal.
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Baxter International is selling its kidney treatment division to Carlyle Group for $3.8 billion, the companies said Tuesday.
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Tencent Music Entertainment Group posted a big decline in second-quarter social entertainment services revenue, and its American depositary receipts (ADRs) plummeted Tuesday.
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Walz does not own stocks or real estate—instead, his investments consist of state and teacher pension plans
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On Holding's revenue reached a record on strong demand in the Asia-Pacific market and as the company kept prices high.
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Shares of Chipotle Mexican Grill fell Tuesday on the news that the burrito giant would be replacing a heaping helping of the leadership that has helped its stock to guac-defying levels.
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Starbucks stock surged higher Tuesday on news that it hired Chipotle CEO Brian Niccol to take over the top job at the coffee giant, while shares of the fast-casual Mexican chain dropped.
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Global oil demand growth is set to slow to just under 1 million barrels a day this year and next, according to the International Energy Agency (IEA), which attributed the view to China's weak economy.
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Home Depot shares fell Tuesday after the retailer's second-quarter earnings beat was offset by a lowered fiscal 2024 comparable sales outlook.
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News of the day for August 13, 2024
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Alphabet Shares Have Fallen 15% From Their July 10 Record Close
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Shares Surged More Than 9% on Monday
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De Pixel 9 Pro Fold is de tweede vouwtelefoon van Google en de eerste die in Nederland verschijnt. De telefoon vouwt open als een boek, zodat aan de binnenkant een groter scherm tevoorschijn komt.
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Het Amerikaanse entertainmentbedrijf Paramount Global is dinsdag aan een eerste ontslagronde begonnen. Het moederbedrijf van onder andere CBS, Nickelodeon en MTV neemt afscheid van in totaal zo'n tweeduizend Amerikaanse werknemers.
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Het Amerikaanse entertainmentbedrijf Paramount Global is dinsdag aan een eerste ontslagronde begonnen. Het moederbedrijf van onder andere CBS, Nickelodeon en MTV neemt afscheid van in totaal zo'n tweeduizend Amerikaanse werknemers.
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Duizenden hotelreserveringen zijn geannuleerd sinds vorige week is gewaarschuwd voor een mogelijke zware aardbeving in Japan. Dat is een flinke tegenslag voor de Japanse hoteliers, aangezien dit voor hen normaal gesproken de drukste periode van het jaar is.
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De Bank of England heeft bankbiljetten met een portret van koning Charles geveild. De nieuwe briefjes gingen voor 914.127 pond (bijna 1,1 miljoen euro) de deur uit, meldt de Britse nationale bank. De opbrengst gaat naar goede doelen.
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De politieacties in de Eredivisie van zaterdag hebben in ieder geval geen gevolgen voor de wedstrijd tussen FC Twente en Sparta, meldt Tubantia.
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Politieagenten gaan komend weekend tijdens voetbalwedstrijden in de Eredivisie actie voeren, omdat een regeling om eerder te kunnen stoppen met werken uitblijft.
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De inname van kleine plastic flesjes met statiegeld blijft flink achter. Van alle plastic flessen die op de markt komen, is 69 procent ingezameld via de automaten. Net een kwart daarvan zijn kleine flesjes.
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De Nederlandse Arbeidsinspectie is begonnen met een onderzoek naar Skytanking, de bagageafhandelaar voor Ryanair op Eindhoven Airport. Het bedrijf kreeg in juni al een officiële waarschuwing vanwege de arbeidsomstandigheden.
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Voor de coronapandemie was het gele boekje, waar je je vaccinaties in kunt laten zetten, een beetje in de vergetelheid geraakt. Tijdens de pandemie werd het juist een instant verkoophit. Een deel van dat succes is drie jaar later nog merkbaar.
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Palo Alto Networks is set to report fiscal fourth-quarter results on Monday, Aug. 19, with investors likely watching for its year-ahead outlook as a measure of cybersecurity sector health.
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The Fed Will be Watching for Signs That Inflation is Moderating as it Weights Rate Cuts
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Episode 200 of the Investopedia Express podcast with Caleb Silver (August 12, 2024)
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Analyst optimism lifted Eli Lilly shares in early trading, but the stock finished lower following news of a debt sale to fund an acquisition,
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Meta Platforms and Universal Music Group announced a multi-year deal designed to create business opportunities for artists and songwriters on Facebook, Instagram, WhatsApp and other Meta platforms.
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The S&P 500 was flat on Monday, Aug. 12, 2024, ahead of key data points this week that could offer insight into the uncertain economic environment.
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Supermicro shares rebounded as a report highlighted the potential of the company's liquid cooling technology for AI data centers.
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Google will hold its annual Made By Google launch event Tuesday, where it will unveil the next generation of Pixel smartphones supercharged with its Gemini AI model.
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These semiconductor stocks could be positioned for a rebound in the fourth quarter as seasonal headwinds ease, according to Bank of America analysts.
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JetBlue shares tumbled Monday after the company announced plans to raise over $3 billion in debt and received credit downgrades from major credit rating agencies.
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Volkswagen Group reportedly will significantly delay the launch of several electric vehicle models.
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U.S. markets were relatively calm Monday as Wall Street entered the home stretch of second-quarter earnings season after a volatile week of trading fueled by recession fears.
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Nvidia shares surged Monday as analysts called it a "top pick" and suggested a reported delay in its Blackwell AI chip could have little impact.
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Albemarle was the biggest loser on the S&P 500 as tumbling lithium prices continue to weigh on the company's business.
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U.S. equities were mixed at midday ahead of a number of key economic reports, including consumer and wholesale inflation.
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A report that hedge fund Starboard Value has taken a stake in Starbucks sent shares of the world's biggest coffee chain higher Monday.
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Shares of monday.com popped after the workplace software company topped analysts’ expectations with its second-quarter results and raised its full-year guidance.
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Cleveland-based KeyCorp shares rose over 15% Monday morning announcing $2.8 billion investment from the Bank of Nova Scotia, giving Scotiabank a 14.9% stake
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Chinese autonomous vehicle manufacturer WeRide has filed for an initial public offering in the U.S.
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Barrick Gold, a Canadian gold producer, reported second-quarter adjusted earnings above estimates as gold prices rose.
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Wedbush analysts increased their estimates for iPhone 16 shipments, citing opportunity in Asia and a large number of users likely ready to upgrade.
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Marathon is raising money to purchase more bitcoin in a move that appears to be following the MicroStrategy playbook.
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Hawaiian Electric Industries said it might not be able to continue as a going concern because of payments needed to cover a legal settlement from the 2023 Maui wildfires.
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The White House on Monday launched a new multi-agency initiative to crack down on chatbots, "doom loops," and other corporate hurdles that have increased customer red tape.
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The Walt Disney Co., which recently warned of slowing demand at its Experiences segment, is spending billions of dollars to expand its theme park attractions and its cruise ship fleet.
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News of the day for August 12, 2024
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Shares Jumped More Than 10% on Friday
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Fund Significantly Boosted its Nvidia Stake While Slicing Its Apple Stake in June
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Shanahan will get a cash payment of $2.3 million, converted Spirit restricted stock units worth $26.1 million and perquisites and benefits worth $45,000 as part of a package known as a "golden parachute". Such payments are commonplace in corporate America and are intended to incentivize management to sell a company, even if it means ending their own employment. Boeing agreed in July to buy back Spirit AeroSystems for $4.7 billion in stock and Airbus moved to take on the supplier's loss-making Europe-focused activities.
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This company is bringing affordable artificial intelligence cloud infrastructure to small and mid-sized businesses.
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Analyst optimism lifted Eli Lilly shares in early trading, but the stock finished lower following news of a debt sale to fund an acquisition,
( 69
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Elon Musk is suing former X advertisers because they won't spend money on his platform. Can he be serious?
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Is Nvidia stock still a great buy? Recent coverage from one Wall Street analyst suggests the AI stock will keep soaring.
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Supermicro shares rebounded as a report highlighted the potential of the company's liquid cooling technology for AI data centers.
( 66
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Turning a lump sum of cash into a steady income stream can offer financial stability and peace of mind, especially during retirement. Many people consider annuities for this purpose, as they provide a predictable monthly income, reducing the worry of outliving their savings. Don't Miss: The average American couple has saved this much money for retirement — How do you compare? Can you guess how many retire with a $5,000,000 nest egg? – How does it compare to the average? Will the surge continue o
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The upcoming earnings report from NVIDIA Corp. (NASDAQ:NVDA) could be a pivotal moment for the company, according to a prominent analyst. What Happened: Dan Ives, an analyst at Wedbush Securities, predicts that the earnings report, scheduled for Aug. 28, will be a significant event for the tech industry. Don't Miss: Don’t miss the real AI boom – here’s how to use just $10 to invest in high growth private tech companies. This startup’s stem cell research aims to reduce reliance on animal testing
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These semiconductor stocks could be positioned for a rebound in the fourth quarter as seasonal headwinds ease, according to Bank of America analysts.
( 67
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New research from the San Francisco Federal Reserve found that middle- and lower-income U.S. households are running low on disposable cash as the economy shows signs of slowing.
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Even if Intel survives, it will take a long time to turn around.
( 67
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Volkswagen Group reportedly will significantly delay the launch of several electric vehicle models.
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“My plan is to reinvest everything, but not make any additional contributions.”
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After last week's post-earnings sell-off, news around liquid cooling demand is helping the stock to bounce back strongly today.
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Americans who locked in jobs, homes, and stocks a few years ago have seen their wealth balloon. Everyone else missed out.
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Donald Trump's social media company Truth Social is part of Trump Media. The company reported millions in loss and less than a million in revenue.
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The rouble weakened to its lowest level since late May after Kyiv launched its biggest incursion into Russian territory since the start of the war in 2022.
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These are the upcoming stock splits for the week of August 12 to August 16, based on TipRanks’ Stock Splits Calendar. A stock split is a corporate action in which the company issues additional common shares to increase the number of outstanding shares. Accordingly, the stock price of the company’s shares decreases, which maintains the market capitalization before and after the split. In contrast, there are also reverse stock splits that reduce the number of outstanding shares (consolidate). In t
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U.S. electric utilities sounded bullish on demand from data centers powering the artificial intelligence boom after striking several supply deals during the second quarter, reinforcing market expectations of sales growth through the year. Top utilities, including American Electric Power and NextEra Energy, signed contracts in the recently concluded quarter while others highlighted interest from technology companies. "We started to get some clarity about data center opportunities and the numbers are staggering," said Timothy Winter, portfolio manager at Gabelli Funds.
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The widely followed growth investor was a buyer at the end of a very volatile trading week.
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(Bloomberg) -- Hawaiian Electric Industries Inc. plunged the most in almost a year after issuing a going-concern warning. Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceLos Angeles Sees Remote Work Helping ‘No Car’ 2028 Olympic GamesIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestNYC Subway Riders See ‘Exceptionally High’ Air PollutionThe utility continues to fac
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The company suspended its dividend and is reportedly the subject of a federal probe.
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These dividend yields might not stay this high for long.
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Robert Kiyosaki, the author of Rich Dad Poor Dad, has never been one to shy away from bold statements, and his recent interview with Fox Business was no exception. With the 2024 election season heating up, Kiyosaki jumped into the conversation with fiery rhetoric, offering his take on former President Donald Trump and the current administration. Don't Miss: Amid the ongoing EV revolution, previously overlooked low-income communities now harbor a huge investment opportunity at just $500. Don’t mi
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Why the stock plunged following its earnings report.
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Could this growing data mining company become the next tech titan?
( 69
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Transferring funds from a pre-tax retirement account such as an IRA to an after-tax Roth IRA is a move many retirement savers might want to consider. A Roth conversion, as the move is called, has many benefits. It can help you avoid required minimum distributions, or RMDs, in retirement, as well as taxes on your […] The post Is It Wise to Convert 20% of My IRA to a Roth Each Year to Avoid Taxes and RMDs? appeared first on SmartReads by SmartAsset.
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Although the market didn't like Dutch Bros' second-quarter earnings, four critical reasons for optimism make the company a compelling long-term buy.
( 69
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Qualcomm downgraded, Eli Lilly upgraded: Wall Street's top analyst calls
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(Bloomberg) -- LL Flooring Holdings Inc., formerly called Lumber Liquidators, has filed Chapter 11 to close several stores while attempting to sell its remaining locations.Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceLos Angeles Sees Remote Work Helping ‘No Car’ 2028 Olympic GamesIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestNYC Subway Riders See ‘Exceptional
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There isn't much to suggest these businesses are actually vulnerable.
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(Bloomberg) -- Bitcoin miner Marathon Digital Holdings Inc. said it will sell $250 million of convertible senior notes and use the proceeds to buy more of the cryptocurrency. Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceLos Angeles Sees Remote Work Helping ‘No Car’ 2028 Olympic GamesIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestNYC Subway Riders See ‘Exceptio
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Taiwan Semiconductor and Alphabet are both integral pieces of AI.
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This company may be the technology sector's best-kept secret hiding in plain sight.
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(Bloomberg) -- B. Riley Financial Inc. faces a widening US investigation into whether it gave investors an accurate picture of its financial health amid a string of losses and a sagging stock price.Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceLos Angeles Sees Remote Work Helping ‘No Car’ 2028 Olympic GamesIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestNYC Subw
( 68
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(Bloomberg) -- B. Riley Financial Inc. suspended its dividend and warned of losses as the boutique investment bank wrote down a portion of its stake in Franchise Group Inc., a troubled US retail business. Its shares plunged in early trading.Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceLos Angeles Sees Remote Work Helping ‘No Car’ 2028 Olympic GamesIn DNC, Chicago’s Embattled Trans
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The era of post-pandemic revenge spending is over, and that could spell the end of greedflation-driven corporate profits.
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News of the day for August 12, 2024
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Find the latest Marathon Oil Corporation (MRO) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
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Find the latest Automatic Data Processing, Inc. (ADP) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
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Investors may be in for a significant surprise if Wednesday's Consumer Price Index (CPI) report comes in higher than anticipated, warns Gavekal Research.
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For many retirees, prudent withdrawals from a wisely invested portfolio combined with Social Security benefits can provide a consistent income to support their spending needs. But what if you had $850,000 in an IRA and $2,800 in monthly Social Security benefits: would that be enough to retire at 65? To answer this question, you’d have […] The post I Have $850,000 in an IRA and Would Receive $2,800 Monthly from Social Security. Can I Retire at 65? appeared first on SmartReads by SmartAsset.
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Retirees with significant assets often have to plan around required minimum distributions (RMDs). If you already have sufficient income and don't need the money in a pre-tax portfolio, annual RMDs can cost you significantly in otherwise-unnecessary taxes. For example, say that you have $1 million in a 401(k). The IRS could require you to withdraw […] The post I'm 62 With $1 Million in a 401(k). Should I Convert $100,000 Per Year to a Roth IRA to Avoid RMDs? appeared first on SmartReads by SmartA
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Positive quarterly earnings suggest these companies are on a promising growth path you won't want to miss.
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How do average annual gains in the 20%-plus range sound?
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Even some of the most dominant businesses still look like good buying opportunities.
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Two U.S. senators have raised concerns about the technology leading to price gouging and invading consumer privacy.
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Off-radar for much of the past week's market turbulence, U.S. inflation updates this week will reveal just how much latitude the Federal Reserve has to meet pumped-up expectations around its first interest rate cut next month. With the S&P500 ending last week basically unchanged despite days of outsize swings, the VIX volatility gauge has returned close to long-term means around 20.
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When it comes to competitive advantages in the EV industry, few have the potential of NIO.
( 68
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The NHTSA recently announced recalls for 142,288 vehicles. This includes BMW, Chrysler and Toyota vehicles.
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Is it a good idea for investors to buy this AI stock following its latest pop?
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Several hedge fund managers have been buying shares of the Invesco QQQ Trust, an index fund with AI stocks like Apple, Microsoft, Alphabet, and Amazon.
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A big clue from Berkshire Hathaway's latest operating results strongly suggest he's paring down one of his top holdings, and may have completely exited his stake in another key value stock.
( 70
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A 2,750% trailing-five-year gain has this hot artificial intelligence (AI) company readying to complete its first-ever stock split.
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The Oracle of Omaha is bullish on this insurance giant.
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A small investment in these stocks now could lead to heaps of dividend income by the time you retire.
( 68
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The exact number of job cuts could be similar to, or slightly exceed, the 4,000 positions eliminated in February 2024.
( 66
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Against all odds, United Launch Alliance's sales -- and profits -- are starting to climb again.
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What does this sudden change of heart mean for Berkshire Hathaway shareholders?
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Why this high-yield stock should be on investors' radars.
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Here's why a big rebound could be in store for Nvidia.
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Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Chipotle (NYSE:CMG) and the best and worst performers in the modern fast food industry.
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Asian shares were mixed in calm trading on Monday ahead of big reports this week on the state of the U.S. economy. In Seoul, the Kospi jumped 1.1% to 2,616.11, as shares in Samsung Electronics gained 1.1%, tracking advances in Big Tech companies late last week. Taiwan's Taiex also gained 1.1%, while big computer chip maker Taiwan Semiconductor Manufacturing Co. only edged 0.1% higher, electronics maker Hon Hai Precision Electronics, also known as Foxconn, surged 4.5%.
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According to recent analysis on CryptoQuant, Bitcoin (BTC) is showing signs of hitting a "local bottom" in the recent early August sell-off.
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(Bloomberg) -- Foreign investors pulled a record amount of money from China last quarter, with the second-only fall on record likely reflecting deep pessimism about the world’s second-largest economy.Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceLos Angeles Sees Remote Work Helping ‘No Car’ 2028 Olympic GamesIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestNYC Su
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(Bloomberg) -- After one of the wildest weeks in recent market history — the S&P 500 Index posted both its biggest one-day slump and best rebound since 2022 — traders could be forgiven for not wanting to jump back in fully into stocks. Some are now are looking into options. Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceLos Angeles Sees Remote Work Helping ‘No Car’ 2028 Olympic Game
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(Bloomberg) -- Asian stocks were poised for a mixed open on Monday as traders shifted focus to key US data prints this week after a volatile start to August. Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceLos Angeles Sees Remote Work Helping ‘No Car’ 2028 Olympic GamesIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestNYC Subway Riders See ‘Exceptionally High’ Air P
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(Bloomberg) -- Alibaba Group Holding Ltd., Tencent Holdings Ltd. and JD.com Inc. will provide a snapshot of China’s economy and consumer sentiment, as another somber earnings season is expected in the region.Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceLos Angeles Sees Remote Work Helping ‘No Car’ 2028 Olympic GamesIn DNC, Chicago’s Embattled Transit System Faces a High-Profile Te
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min )
The yen was a tad softer against the dollar in trading thinned by a Japanese holiday on Monday, with market participants still ambivalent about the odds of a big Fed rate cut next month. The respite follows a tumultuous week that began with a massive selloff across currencies and stock markets, driven by worries over the U.S. economy and the Bank of Japan's hawkishness.
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China's bond market, the world's second largest, is on edge following a turbulent week in which the central bank started intervening heavily to stem a plunge in yields even as the economy is struggling. But die-hard investors say the bull market in government bonds still has legs, citing China's wobbly economy, deflationary pressures and low investor appetite for riskier assets. "We remain actively bullish," said a bond fund manager, undeterred by unprecedented government moves to cool the sizzling treasury market and arrest a plunge in yields, which move inversely to prices.
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Met temperaturen tot wel 35 graden is het fijn om verkoeling op te zoeken, bijvoorbeeld bij de zee of in een opzetzwembad. Maar wat kost het vullen van zo'n zwembad eigenlijk?
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De prijs van arabicakoffiebonen is maandag flink gestegen door vrees voor vorst in Brazilië. Handelaren rekenen erop dat het deze week koud kan worden in het Zuid-Amerikaanse land. Dat kan een negatieve impact hebben op de oogst, meldt persbureau Bloomberg.
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De prijs van arabicakoffiebonen is maandag flink gestegen door vrees voor vorst in Brazilië. Handelaren rekenen erop dat het deze week koud kan worden in het Zuid-Amerikaanse land. Dat kan een negatieve impact hebben op de oogst, meldt persbureau Bloomberg.
( 1
min )
De vraag naar airco's is de afgelopen tijd flink toegenomen vanwege de warmte van de afgelopen weken. Bij sommige installateurs is het aantal aanvragen zelfs verdubbeld, zo blijkt uit een rondgang van NU.nl.
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DNB past het zogenoemde depositogarantiestelsel aan. Die garantie zorgt ervoor dat je jouw geld terugkrijgt, mocht je bank failliet gaan. DNB verhoogt het bedrag waarvoor de centrale bank garant staat en verlengt de periode waarin je er een beroep op kunt doen.
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Oekraïne probeert deze zomer zoveel mogelijk graan te exporteren, nu het land wat terrein heeft gewonnen in het gebied rond de Zwarte Zee. Dit ondanks dat Russische aanvallen op de havens nog doorgaan.
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Het aantal faillissementen is ook in juli gestegen. Volgens het statistiekbureau CBS zijn vorige maand 24 bedrijven meer failliet verklaard dan in juni. Dat is een stijging van 6 procent.
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min )
Het aantal jongeren zonder baan, opleiding of onderwijs is vorig jaar gezakt naar het laagste niveau in vijftien jaar. Toch gaat het volgens arbeidsorganisatie ILO nog altijd om een zorgwekkend grote groep.
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Veel Nederlandse bedrijven zijn nog altijd op zoek naar personeel, maar zijn terughoudend. De economische situatie verslechtert en de eerste faillissementen en reorganisaties zijn zichtbaar. Bovendien stijgen de kosten. En dat leidt tot nog meer onzekerheid, zeggen deskundigen tegen NU.nl.
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Veel Nederlandse bedrijven zijn nog altijd op zoek naar personeel, maar zijn terughoudend. De economische situatie verslechtert en de eerste faillissementen en reorganisaties zijn zichtbaar. Bovendien stijgen de kosten. En dat leidt tot nog meer onzekerheid, zeggen deskundigen tegen NU.nl.
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min )
A recovery in the housing market could help revive the real estate industry.
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One of these stocks is a seemingly more promising investment than the other right now.
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min )
A couple of solid AI-related growth opportunities could help this chipmaker join the trillion-dollar market cap club in the future.
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min )
Can this tech conglomerate hold on to its lofty valuation as AI optimism fades?
( 68
min )
Investors might want to take advantage of the stock market's recent pessimism.
( 68
min )
(Bloomberg) -- By now, last Monday’s global market meltdown looks more like a brief tremor, a fleeting panic unleashed by a small policy shift from the Bank of Japan and resurgent fears of a US recession. Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceLos Angeles Sees Remote Work Helping ‘No Car’ 2028 Olympic GamesIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestN
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Investors got whipsawed by wild markets in the past week. Here are some lessons learned.
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min )
Natural gas prices at the Waha Hub in West Texas have been negative a record number of times so far this year.
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min )
Suze Orman, the acclaimed financial guru known for her straight-talking advice, warns about what she sees as the biggest danger to your investment future. In a recent episode of her hit podcast, Women & Money, entitled "Suze School: Avoid the Biggest Danger to Your Future Investments," Orman broke down the critical mistakes many investors make and how to dodge them. Don't Miss: Are you rich? Here’s what Americans think you need to be considered wealthy. Can you guess how many retire with a $5,00
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min )
(Bloomberg) -- Gregg Abella, a money manager in New Jersey, wasn’t expecting the flood of phone calls he got from clients this past week. “Suddenly people are saying to us, ‘Wow, do you think it’s a good time for us to add bonds?”Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestLos Angeles Sees Remote Work Helping ‘No
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Artificial intelligence could enhance Meta's existing apps and create a new source of revenue for the business.
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min )
Minnesota’s child tax credit of $1,750 per child is easily the largest state-level child tax credit in the country, one expert noted.
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Flak flying around says renting is like flushing money down the drain, but Ramsey has a different take. Ramsey, well-known for his tough-love approach to managing money, believes that while renting offers flexibility, it doesn't provide the financial security that homeownership does. Don't Miss: Miami is expected to take New York's place as the U.S. Financial Capital. Here's how you can invest in the city before that happens. A billion-dollar investment strategy with minimums as low as $10 — you
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Buying excellent companies when they are out of favor can be a winning strategy over the long term.
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min )
Amazon's stock sold off after earnings and followed the market down further; is Wall Street making a huge mistake?
( 68
min )
Warren Buffett, arguably America’s most successful investor, is at it again. His latest moves in the stock market have captured the attention of investors. Under his control since 1965, he has led Berkshire Hathaway (BRK. A, BRK. B) to nearly double the performance of the S&P 500 with his calculated decisions. Don't Miss: Here’s the AI-powered startup that turns traders into influencers achieving 12% monthly growth – invest in it at only 10 cents per share. This startup is on the brink of a huge
( 68
min )
Arm has terrific results and an awesome business model; is it enough?
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min )
There's more to these three companies than passive income alone.
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min )
This pharmaceutical blue chip could be ready to rally higher.
( 67
min )
MUMBAI (Reuters) -India's markets regulator on Sunday asked investors to remain calm and exercise due diligence before reacting to reports such as that by US-based shortseller Hindenburg Research. Hindenburg alleged on Saturday that the head of Securities and Exchange Board of India (SEBI), Madhabi Puri Buch, previously held investments in offshore funds also used by the Adani Group. The regulator said the allegations made by Hindenburg against the Adani group have been duly investigated by SEBI and 23 out of 24 investigation were completed in March 2024.
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(Bloomberg) -- Some of the top US oil refiners are throttling back operations at their facilities this quarter, adding to concerns that a global glut of crude is forming.Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestLos Angeles Sees Remote Work Helping ‘No Car’ 2028 Olympic GamesNYC Subway Riders See ‘Exceptionally
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min )
This fast-growing company could turn out to be a solid long-term investment thanks to a huge end-market opportunity.
( 68
min )
These companies have approved Alzheimer's treatments that could generate billions in revenue for their respective businesses.
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min )
The Navy’s ability to build lower-cost warships that can shoot down Houthi rebel missiles in the Red Sea depends in part on a 25-year-old laborer who previously made parts for garbage trucks. Lucas Andreini, a welder at Fincantieri Marinette Marine, in Marinette, Wisconsin, is among thousands of young workers who’ve received employer-sponsored training nationwide as shipyards struggle to hire and retain employees. The labor shortage is one of myriad challenges that have led to backlogs in ship production and maintenance at a time when the Navy faces expanding global threats.
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(Bloomberg) -- Wall Street’s summer to forget is approaching its climax, with all eyes on this week’s consumer prices report, which traders hope will give the Federal Reserve the ammunition it needs to begin cutting interest rates at its next meeting in September.Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestLos An
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min )
With the market in turmoil, long-term investors might want to pounce on these two stocks.
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min )
Technology is transforming the financial market. These companies are leading the charge.
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min )
Don't rely on just one metric to inform your investing decisions.
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min )
Alphabet has been labeled a monopoly. Now what?
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If the company's turnaround is successful, Intel's stock could possess a lot of upside.
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min )
How much money can I give to my son and daughter-in-law without incurring a tax issue with the IRS? -Irwin For 2023, you can give your son and daughter-in-law each $17,000 without having to deal with the IRS. But even … Continue reading → The post Ask an Advisor: I Want to Give Money to My Son and Daughter-in-Law. How Much Money Can I Give Away Without ‘Incurring a Tax Issue With the IRS?' appeared first on SmartAsset Blog.
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The EV battery maker is making progress on industrializing its solid-state battery. Is it a buy?
( 67
min )
Should Nvidia investors be worried about a growing number of competitors in the chip market?
( 68
min )
These three stocks are down in the dumps, even though they're all growing rapidly.
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min )
How does a 6.4% dividend yield sound? Or a 10-year average annual return of 12%?
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min )
These three stocks can be game-changing for your long-term portfolio.
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min )
About half of retirees claim at one of these three ages.
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This dominant company has done a fantastic job building wealth for its long-term shareholders.
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These companies are better valued than Intel and could go far in the coming years.
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min )
Foxconn is hiring more shift workers with higher wages at the world's largest iPhone factory in the Henan provincial capital of Zhengzhou, ahead of the September launch of the 16th edition of Apple's iconic smartphone. The assembler, also known as Hon Hai Precision Industry, recruited more than 50,000 workers in Zhengzhou over the past two weeks, according to Chinese media reports. The hourly wage at the factory has risen to 26 yuan (US$3.63) in August from 25 yuan in July, while a bonus of up t
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All three companies have been impacted by higher interest rates and lower customer spending.
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An ever-expanding market and years of experience in the field could propel this customer relationship management (CRM) specialist to new heights.
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min )
A long lead in a niche industry ripe for disruption could make this stock a top performer.
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min )
Although history doesn't repeat itself to a T on Wall Street, it does have a strong tendency to rhyme.
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min )
Waiting until 70 to claim Social Security isn't always a clear-cut decision.
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min )
The AI chipmaker is scheduled to report results later this month. Can the stock continue its relentless climb?
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min )
If you don't have a Costco near your home, you may be in luck. Find out which three U.S. cities will get new Costco clubs this October.
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min )
Apple stock has gone from a screaming bargain when Buffett bought in, to dangerously expensive as he recently started to unload shares.
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min )
Amazon should grow by leaps and bounds over the next 10 years. But these stocks will likely still be bigger.
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min )
These ETFs make it easy to collect passive income.
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min )
These artificial intelligence stocks could be the next stock splits in 2024.
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min )
Liquid cooling is rapidly taking off, and Supermicro appears to be leading the pack.
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Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week. New Street Research has upgraded NVIDIA Corporation (NASDAQ:NVDA) to a Buy rating with a target price of $120 this week. The move comes following a significant decline in the chipmaker’s stock since its June peak, leading Nvidia to underperform other semiconductor stocks linked to data center AI.
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Consumers are falling in love with a flavor profile beyond hamburgers and Tex-Mex.
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min )
The right investment can help protect your money during a downturn.
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min )
(Bloomberg) -- US inflation probably picked up modestly in July, but not enough to derail the Federal Reserve from a widely anticipated interest-rate cut next month.Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestAfrica’s Richest City Needs $12 Billion to Fix InfrastructureHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceNYC Subway Riders See ‘Exceptionally High’ A
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min )
(Bloomberg) -- New official statistics from the UK offer a nuance on Leo Tolstoy’s famous observation. Happy families may all be alike, but the country’s unhappy families also have something in common: the cost-of-living crisis.Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceLos Angeles Sees Remote Work Helping ‘No C
( 68
min )
(Bloomberg) -- Japanese equities shed $1.1 trillion in value as they kicked off August with a record three-day loss. For bullish investors, that’s providing a fresh reason to buy what has been one of 2024’s hottest trades.Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureAfrica’s Richest City Needs $12 Billion to Fix InfrastructureIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as
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min )
Door de gestegen goudprijs zijn Olympische gouden medailles waardevoller dan ooit. De plakken die olympisch kampioenen meenemen uit Parijs bevatten 6 gram goud. Omgerekend zijn ze ongeveer 825 euro per stuk waard.
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Vanaf maandag gaat het drukbevaren Julianakanaal in Limburg maandenlang dicht zodat het dieper en breder gemaakt kan worden en er grotere schepen doorheen kunnen varen. De komende periode zal de sluiting tot grote hinder leiden voor de scheepvaart.
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Investopedia spoke with Oren Klachkin, a financial market economist at Nationwide, about what consumer sentiment measures tell him about the economy and where he’s focusing his attention.
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Coming Up: Fresh Inflation Data, Earnings From Walmart, Home Depot, and More
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min )
Boeing has a lot of problems. Can one new CEO fix them all?
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min )
This high-yield stock is on track for another successful year.
( 68
min )
This technology company will suffer from end-market weakness in 2024, but its long-term prospects remain excellent.
( 68
min )
A changing environment should be good for the stock.
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min )
Investors need to apply some perspective when it comes to this move.
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min )
A sharp pullback in this semiconductor stock has made it particularly appealing.
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min )
You can still follow Bill Ackman's trades. Here are his biggest investments right now.
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min )
History shows that stock-split stocks tend to continue outperforming their peers.
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min )
Investors shouldn't assume the cybersecurity stock has bottomed out.
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min )
Why it may be better to remain patient.
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min )
These industry leaders should be very rewarding investments.
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min )
The stock is now up over nearly 70% year to date.
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min )
As the rich wield their clout and garner a disproportionate share of the global wealth, an economist said on Tuesday minimum tax proposal for the billionaires could soon become a reality. Paying Up Fair Share: The concentration of wealth has become a “global” and “alarming” issue, said Gabriel Zucman, Professor of Economics at the Paris School of Economics and the University of California, in an opinion piece contributed to Project Syndicate. Don’t Miss: Can you guess how many retire with a $5,0
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U.S. based short-seller Hindenburg Research in a new report released on Saturday alleged that the chairperson of India's market regulator Madhabi Puri Buch held investments in certain offshore funds that were also used by the Adani group. Buch did not immediately reply to a call and a message sent on Whatsapp. Citing whistleblower documents, Hindenburg said Buch and her husband held stakes in an offshore fund where a substantial amount of money was invested by Vinod Adani, brother of Gautam Adani, who is chairman of the Adani group of companies.
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The major party vice-presidential nominees, Democrat Tim Walz and Republican JD Vance, have differing views on policies and very different financial situations. Let’s examine their finances in more detail. Tim Walz, the Democratic nominee and current Governor of Minnesota, has a background as a teacher and a former U.S. House Representative. His annual salary as governor is about $127,000. Walz keeps his investments simple—he holds no stocks, bonds, or other securities. Don't Miss: Miami is expe
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Warren Buffett just sold a bunch of Apple stock.
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min )
"Should the incoming data continue to show that inflation is moving sustainably toward our 2% goal, it will become appropriate to gradually lower the federal funds rate to prevent monetary policy from becoming overly restrictive on economic activity and employment," Bowman said in remarks prepared for delivery to a closed meeting of the Kansas Bankers Association. "But we need to be patient and avoid undermining continued progress on lowering inflation by overreacting to any single data point."
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Jim Cramer, the widely recognized financial commentator, recently visited Twitter to share his understanding of the current stock market situation. He stressed that the recent uptick in stock prices isn’t due to strong fundamentals but the actions of the Japanese central bank, which have alleviated some market pressures. I don't want anyone to think that any stock is going up this morning based on the fundamentals. It is the alleviating of the pressure from the Japanese central bank. We saw this
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Two of the most important names in artificial intelligence (AI) are joining forces.
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Investors may want to consider the company that's actually manufacturing most of the underlying tech.
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min )
This is a familiar set-up for many retired teachers, and even a vice-presidential candidate.
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min )
Are the experts wrong about this rising star? Learn why an unloved company might defy expectations.
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min )
Apple didn't use Nvidia GPUs to train its Apple Intelligence AI model.
( 68
min )
In five years, these companies' recent dips will be forgotten.
( 68
min )
Check out two promising growth stocks that could offer strong returns for savvy investors willing to hold for the next decade.
( 69
min )
It's too early in the AI boom to say Nvidia's run is over. Here's what investors should consider.
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min )
Intel Corp (NASDAQ:INTC) recently announced plans to slash jobs in an effort to drive cost savings across its business. Here’s a look at just how much Intel was paying its employees and how it compares to other tech giants. Don't Miss: The average American couple has saved this much money for retirement — How do you compare? This startup is on the brink of a huge disruption to the $654 billion industry – Here’s how to invest in it before it fulfills its 800 pre-orders in the next 2 weeks. What T
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min )
Two prominent billionaires hold large stakes in these growth stocks.
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min )
ASML and Meta Platforms could split their high-flying shares soon.
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min )
These stocks can help you cash in on this burgeoning new industry.
( 68
min )
Ford shares continue to disappoint investors.
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min )
Converting to a Roth IRA isn’t for everyone, but people should know what the process entails, one expert told MarketWatch.
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These companies still offer plenty of long-term upside for investors.
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min )
An opportunity to buy CrowdStrike's stock at a safe point hasn't emerged yet.
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min )
Buying stocks when economic conditions aren't great can set up investors for some exceptional returns in the long run.
( 68
min )
With retirement nearly within your grasp, a few years more of working may seem daunting. But before you make any final decisions, you must make sure you can retire securely. Here, we have a profile with about $1.75 million in savings on top of Social Security. Can you retire now? It depends on factors specific […] The post I’m 62 Years Old, Have $1 Million in Cash, $750k in an IRA and Social Security. Should I Retire Now? appeared first on SmartReads by SmartAsset.
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I have $800,000 sitting in a money market account because I don't know what else to do with it. My hope was that I could put it in something that can yield around 4-5% growth. I also have $900,000 in my 401(k) that is sitting in minimal-risk accounts with Vanguard. I will be turning 62 […] The post Ask an Advisor: I’m 61 With $900k in My 401(k) and $800K Sitting in a Money Market Account. How Should I Invest? appeared first on SmartReads CMS - SmartAsset.
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These stocks trade at less than 20 times their estimated future profits.
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min )
All of these stocks can provide steady income to retired investors.
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min )
There's one investment that generates more than double the income of Berkshire's entire stock portfolio.
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min )
Data streaming is becoming a critical technology for a growing number of businesses.
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min )
How a string of ill-suited leaders can doom companies to the 5 stages of decline.
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min )
Can Bitcoin recover from the "flash crash" and double in value by year's end? The answer might surprise you.
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min )
Nvidia is growing so quickly its stock looks quite affordable based on one widely-used valuation metric, as long as investors maintain a long-term outlook.
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min )
There could be a game of musical chairs with Buffett's top-five holdings.
( 68
min )
Investors will find many reasons to like this fintech disruptor.
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min )
The effect of previous Federal Reserve interest rate cuts on the S&P 500 provides a murky picture.
( 68
min )
ExxonMobil is preparing for whatever the future might bring.
( 68
min )
Realty Income, LTC Properties, and Gladstone Investment are great retirement stocks.
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min )
With an average yield above 8.9% at recent prices, investing in these stocks can do a lot to improve your passive income stream.
( 68
min )
Meta Platforms continues to grow at a breakneck pace.
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min )
These three companies have strong competitive advantages and economic moats that make them excellent stocks for the long haul.
( 68
min )
Brookfield Infrastructure expects to be a key enabler to support AI.
( 69
min )
This stock has been a huge under-the-radar winner for Buffett and still has room to run.
( 68
min )
Artificial intelligence (AI) leader Nvidia isn't perfect, which may be a painful realization for its investors.
( 70
min )
The artificial intelligence (AI) hardware provider was added to the benchmark S&P 500 Index and followed that feat with a long-anticipated stock split.
( 69
min )
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the ...
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min )
Inwoners van Turkije kunnen vanaf zaterdagavond weer gebruikmaken van Instagram. De regering heft de blokkade van het socialemediaplatform op. Die gold sinds vorige week vrijdag.
( 1
min )
Susan Wojcicki, de voormalig topvrouw van YouTube, is in de nacht van vrijdag op zaterdag op 56-jarige leeftijd overleden aan de gevolgen van longkanker, meldt haar echtgenoot op Facebook.
( 1
min )
Susan Wojcicki, de voormalige topvrouw van YouTube, is in de nacht van vrijdag op zaterdag op 56-jarige leeftijd overleden aan de gevolgen van longkanker, meldt haar echtgenoot op Facebook.
( 1
min )
Vakantiegangers kiezen vaker voor alternatieve bestemmingen nu het massatoerisme in verschillende Europese landen en steden toeneemt. Zo zijn landen als Albanië, Servië, Noord-Macedonië, Kirgizië en Kazachstan meer in trek.
( 1
min )
Vakantiegangers kiezen vaker voor alternatieve bestemmingen nu het massatoerisme in verschillende Europese landen en steden toeneemt. Zo zijn landen als Albanië, Servië, Noord-Macedonië, Kirgizië en Kazachstan meer in trek.
( 1
min )
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You may have noticed that the Red Lobster or Applebees in your town is closing down, or that Boston Markets, which used to be everywhere, have all but vanished. What’s going wrong in the restaurant industry?
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JPMorgan Chase on Friday asked a U.S. judge in Manhattan to dismiss its lawsuit against Russia's VTB Bank over a $439.5 million account frozen after Russia invaded Ukraine, saying VTB "coerced" it into requesting the dismissal. The largest U.S. bank had sued VTB in April, after the Russian state-owned bank sued in Russia to recover money that had been frozen. JP Morgan said U.S. sanctions blocked it from releasing the funds, and VTB had agreed to resolve disputes in Manhattan, not Russia.
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(Bloomberg) -- Private lender Prospect Capital Corp. defended its 20-year track record, pushing back against criticism over its frequent use of arrangements that allow borrowers to pay interest with more debt and its reliance on individual investors for funding. Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureAfrica’s Richest City Needs $12 Billion to Fix InfrastructureNYC Subway Riders See ‘Exceptionally High’ Air PollutionWhen Climate Funds Pay for High
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Intel stock has plummeted roughly 42% over the last month, and the company's foundations are being questioned
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Intel shares plunged by 26% to $21.48, their lowest stock price since 2013, bringing the market capitalization below the $100 billion mark. This followed the company's disappointing earnings report and the announcement of a large restructuring plan. Don't Miss: Amid the ongoing EV revolution, previously overlooked low-income communities now harbor a huge investment opportunity at just $500. This billion-dollar fund has invested in the next big real estate boom, here's how you can join for $10. T
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Utility firm Hawaiian Electric raised going concern doubts on Friday after it revealed that it does not have a financing plan for the $1.71 billion Maui wildfire settlement reached earlier this month. The company said it was working closely with financial advisers to develop a financing plan for their settlement contribution, and intends to finance the settlement payments through a mix of debt, common equity, equity-linked securities, or other potential options. The company had agreed to pay a large share of a more than $4 billion legal settlement to compensate victims of last year's deadly Maui wildfires that killed over 100 people.
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Imagine waking up one day and finding out that you’re a millionaire. For many employees working under billionaires like Mark Cuban and Jay Chaudhry, this wasn’t just a dream – it was their reality. Both Cuban and Chaudhry have transformed the lives of hundreds of employees by sharing their financial successes. Don't Miss: This startup is on the brink of a huge disruption to the $654 billion industry – Here’s how to invest in it before it fulfills its 800 pre-orders in the next 2 weeks. A billion
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It didn’t take long for AI chip stocks (like ASML, AMD, and MU) to fall so drastically out of favor, with some of this year’s biggest winners now on the receiving end. As demand for AI chips marches ahead, with or without the stocks of the top AI chip plays, contrarians may have one of the best chances to buy the dip since this AI stock rally began more than a year ago. Indeed, buying into one of the worst sector-based sell-offs in recent memory is never going to be easy. However, if you were bu
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The distressed company announced a big AI networking deal.
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(Bloomberg) -- Former Treasury Secretary Lawrence Summers urged the Securities and Exchange Commission and relevant exchanges to look into the historic surge in the most-watched gauge of US financial volatility on Monday.Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureAfrica’s Richest City Needs $12 Billion to Fix InfrastructureNYC Subway Riders See ‘Exceptionally High’ Air PollutionNew York City Paid $2 Million for Empty Hotel Rooms Meant for MigrantsWhe
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Find the latest Equity Residential (EQR) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
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Robert Kiyosaki, co-founder of the Rich Dad Company, recently appeared on Fox Business to discuss the future of the U.S. dollar and the rising importance of alternative investments like Bitcoin and gold. He’s long been an advocate for investing in tangible assets, and his, some would say controversial, recent comments reflect his increasing skepticism about the sustainability of the current financial system. Don't Miss This startup is on the brink of a huge disruption to the $654 billion industr
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The biopharma company is proving its recently approved cancer therapy is marketable.
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Brazilian state-run oil firm Petrobras will pay extraordinary dividends if there is an "opportunity" for it, Chief Financial Officer Fernando Melgarejo said on Friday. Melgarejo told an earnings call with investors that any decision on an extraordinary payout would depend on the company's current cash conditions and future cash generation capacity.
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(Bloomberg) -- Cisco Systems Inc. plans to eliminate thousands more jobs in a second round of layoffs this year, Reuters reported, as the networking equipment maker shifts its focus to faster-growing businesses such as cybersecurity and artificial intelligence.Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureAfrica’s Richest City Needs $12 Billion to Fix InfrastructureNYC Subway Riders See ‘Exceptionally High’ Air PollutionNew York City Paid $2 Million for
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Cisco will cut thousands of jobs in a second round of layoffs this year as the U.S. networking equipment maker shifts focus to higher-growth areas, including cybersecurity and AI, people familiar with the matter said. The number of people affected could be similar to or slightly higher than the 4,000 employees Cisco laid off in February, and will likely be announced as early as Wednesday with the company's fourth-quarter results, said the sources, who were not authorized to speak publicly. Reuters exclusively reported the job cut that San Jose, California-based Cisco announced in February, prior to the company announcing it.
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"Will JPMorgan Chase reduce executive pay instead of imposing new fees on its customers?"
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During the May 2024 Berkshire Hathaway annual meeting, Warren Buffett gave his signature insights into the insurance industry. With a wealth of experience, Buffett’s reflections on the business are both enlightening and unpretentious. Warren Buffett described the insurance business as particularly enticing. “It’s so much fun because you get the money at the start, you know, and then you find out whether you’ve done something stupid later on,” he quipped. Don't Miss: Are you rich? Here’s what Ame
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On CNBC’s "Mad Money Lightning Round," Jim Cramer said Oneok (NYSE:OKE) is "terrific" and recommended buying more of the stock. On Aug. 5, ONEOK reported better-than-expected second-quarter GAAP EPS results, posting quarterly earnings of $1.33 per ...
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(Bloomberg) -- Warren Buffett’s sudden sale of a huge pile of Apple Inc. shares has come with a surprise silver lining for investors in the iPhone maker: Its influence in major stock indexes is set to be fully unleashed.Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureAfrica’s Richest City Needs $12 Billion to Fix InfrastructureNYC Subway Riders See ‘Exceptionally High’ Air PollutionNew York City Paid $2 Million for Empty Hotel Rooms Meant for MigrantsWhen
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Knowing how your net worth compares to your peers can help you make wise financial choices. See if you're richer or poorer than others in your income bracket.
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These companies are trading at a bargain after a sell-off, and you won't want to miss out.
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The company achieved some impressive growth last quarter while also shrinking its losses.
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Hershey has increased its quarterly dividend 77% over the last five years and currently offers its highest yield in years.
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Insurers face millions of dollars in claims after a foiled attack forced three Taylor Swift concerts in Austria to be cancelled, though several providers will share out the hit, two people involved in insurance for her tour told Reuters. Swift is popular among insurers as she rarely cancels concerts, a third insurance source said. Organisers of large sporting and entertainment events typically buy event cancellation insurance, much of which tends to be insured through the Lloyd's of London market by a consortium of insurers.
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Investors wanting exposure to the S&P 500 without the concentration risk should consider this ETF.
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News of the day for August 9, 2024
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Medical Properties Trust must limit its cash dividends while a key tenant remains in bankruptcy.
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Find the latest BlackRock, Inc. (BLK) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
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Find the latest HireQuest, Inc. (HQI) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
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Microsoft's history of stock splits and impressive growth has made one IPO share worth six figures today.
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Investors looking for a cheaper alternative to Palantir to take advantage of the growing demand for AI software would do well to take a closer look at this name.
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As the Nasdaq enters a correction, stocks are going on sale.
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I am 60 years old, married, with no mortgage. We also have $1.1 million in liquid cash and $880,000 in a 401(k). I will have two pensions, which have not started yet, and my wife will have one pension, all … Continue reading → The post Ask an Advisor: I Am 60 Years Old, Have $1.1M Cash, $880K in a 401(k), Several Pensions and Social Security. Should I Retire Now? appeared first on SmartAsset Blog.
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Looking for the best stock you've never heard of? Take a look at this manufactured home community REIT. It's got a solid dividend and long and stable track record.
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Find the latest LyondellBasell Industries NV (LYB) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
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Brazil's state-run oil giant Petrobras reported lower-than-expected results and decreased investment estimates, marking a significant drop from the previous year.
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It's not only AI stocks that drew the Peach State representative's interest in July.
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He recently reduced his position in his two largest equity holdings.
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These longtime winners still have a lot to offer.
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Be greedy with these three Buffett stocks.
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The recent stock market plunge could be a great entry point for long-term investors.
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Dividends remain one of the best long-term avenues to generating wealth. Here are three stocks you can buy and hold forever.
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A fluke incident and pressure on tech stocks leaves CrowdStrike vulnerable in the short term, but the future remains promising.
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The aptly named Oracle of Omaha has purchased shares of his favorite stock for 24 consecutive quarters.
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401(k)s have several valuable perks, but this has to be the best one.
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Five exceptionally safe, time-tested stocks have the necessary tools to make their shareholders richer.
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As Ford looks toward the future of affordable EVs, the answer could be in its recent past.
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Alphabet and Super Micro Computer are trading at reasonable prices.
( 69
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(Bloomberg) -- Unwinding of yen-funded carry trades has further room to run and the Japanese currency may strengthen toward 100 per dollar over time, according to BNY.Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureAfrica’s Richest City Needs $12 Billion to Fix InfrastructureNYC Subway Riders See ‘Exceptionally High’ Air PollutionNew York City Paid $2 Million for Empty Hotel Rooms Meant for MigrantsNew York City’s Outdoor Dining Sheds Will Start Disappear
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Sometimes, it's easier to focus on what not to do.
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Decades of experience and novel solutions will likely drive this AI specialist even higher.
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As the technology sector takes on “extra” damage as the broader markets roll over for August, growth-hungry bargain hunters may wish to consider the following bruised high-tech names—UBER, AVGO, and SAP—while they’re markedly cheaper than they were just two weeks ago. Undoubtedly, the summer market sell-off seems to have arrived a month or so early (typically, September is usually the ugliest month for stocks). Therefore, perhaps the following Strong Buy-rated tech names are worthy of your atten
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Disappointing U.S. jobs data has shaken confidence in a soft landing for the world's largest economy, sending global equity markets tumbling and bets on interest rate cuts surging. But investors abandoning a popular yen carry trade has played a big role in the selloff, complicating the message from asset prices on the economic outlook. Goldman Sachs has raised its odds of a U.S. recession to 25%.
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(Bloomberg) -- Brazil’s state-controlled oil producer Petroleo Brasileiro SA surprised investors with a net loss of 2.6 billion reais ($470 million) mainly due to a tax settlement in the first results under Chief Executive Officer Magda Chambriard. Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureAfrica’s Richest City Needs $12 Billion to Fix InfrastructureNYC Subway Riders See ‘Exceptionally High’ Air PollutionNew York City Paid $2 Million for Empty Hotel
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(Bloomberg) -- Asian equities were poised for gains on Friday after signs of resilience in the US labor market lifted US stocks.Most Read from BloombergAfrica’s Richest City Needs $12 Billion to Fix InfrastructureHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureNYC Subway Riders See ‘Exceptionally High’ Air PollutionNew York City Paid $2 Million for Empty Hotel Rooms Meant for MigrantsNew York City’s Outdoor Dining Sheds Will Start DisappearingEquity futures for Japan, Australia
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Stellantis N.V. is ending production of its Ram 1500 Classic truck and laying off as many as 2,450 factory workers in the process.
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The S&P 500 gained 0.5% on Friday, Aug. 9, 2024, closing out a week of dramatic stock market fluctuations driven by concerns about the U.S. economy.
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Insulet shares tumbled Friday after the maker of insulin management devices suggested new user growth could be lower than previously expected in the second half of 2024, despite topping second-quarter sales estimates.
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Canopy Growth Corporation shares tanked Friday after the company’s fiscal first-quarter earnings fell significantly short of expectations.
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Shares of E.l.f. Beauty tumbled as the cosmetic maker gave a weaker-than-expected outlook after posting a monster quarter.
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It was a second straight day of gains for Eli Lilly shares following the drugmaker's blowout second-quarter earnings report.
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Semiconductor equipment maker Applied Materials reports earnings on Aug. 15, with investors likely watching for updates on the company's China sales and the impact of customer Intel's recent plans to cut costs.
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U.S. stocks on Friday were, after a volatile week, on track to post their fourth consecutive weekly decline as the long "Magnificent Seven" trade that has fueled market gains for more than a year continued to falter.
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Rocket Lab USA shares popped Friday, a day after the company posted record revenue and narrowed its second-quarter loss.
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The Dow, S&P 500, and Nasdaq were little changed at midday Friday, heading to the close of a volatile week for markets that began with a global sell-off.
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Akamai Technologies beat second-quarter profit and sales estimates on strong demand for its security and cloud computing products.
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Bitcoin briefly rose above $61,000 early Friday, riding on the heels of Thursday's stock market rally, but the cryptocurrency gave up some of those gains to trade on either side of the $60,000 mark depending on where stocks were trading.
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Take-Two Interactive Software beat first-quarter fiscal 2025 profit and sales estimates as net bookings increased.
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JPMorgan Chase is giving its employees access to a generative AI assistant built by the makers of OpenAI.
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Home Depot is projected to report slight declines in sales and profits Tuesday, as inflation has led many Americans to put off big-ticket home improvement projects.
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Sweetgreen cut its second-quarter losses nearly in half and beat revenue estimates as it added new locations.
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Taiwan Semiconductor Manufacturing Co., the world's largest contract chipmaker, said July revenue surged 45% year-over-year, showing buoyant demand for the chips that have helped power the AI boom.
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News of the day for August 9, 2024
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Expedia Group shares traded sharply higher ahead of Friday’s opening bell after the online travel company's earnings topped estimates amid robust demand in international markets. Monitor these key post-earnings chart levels.
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SoundHound AI shares jumped 21% Thursday after the provider of voice generative AI announced an acquisition of an enterprise software firm but dropped 5% in extended trading after it reported quarterly results. Monitor these important chart levels.
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De handelsprijs voor gas is de laatste weken opgelopen en staat op het hoogste punt sinds december. De recente aanval van Oekraïne op Rusland speelt een belangrijke rol, maar er is meer aan de hand. En dat kunnen we gaan merken in de portemonnee.
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Zo'n 340.000 werknemers in de metaal- en technieksector krijgen een loonsverhoging van 13 procent. Dat hebben werkgevers en vakbonden afgesproken in een nieuwe cao die een looptijd van 22 maanden heeft.
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Modeconcern Esprit gaat al zijn 56 winkels in Duitsland voor het einde van dit jaar sluiten. Zo'n dertienhonderd werknemers verliezen hierdoor hun baan, meldt het Duitse persbureau DPA.
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China gaat in beroep bij de Wereldhandelsorganisatie (WTO) tegen de verhoging van de importtarieven op elektrische auto's door de Europese Unie. Dat meldt het Chinese ministerie van Economische Zaken vrijdag.
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Twee astronauten zitten al maanden vast op het internationale ruimtestation ISS. Daar leven ze in onzekerheid, want het is nog niet bekend wanneer ze terugkeren naar de aarde. Dit weten we tot nu toe.
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Twee astronauten zitten al maanden vast op het internationale ruimtestation ISS. Daar leven ze in onzekerheid, want het is nog niet bekend wanneer ze terugkeren naar de aarde. Dit weten we tot nu toe.
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Videoland stijgt in populariteit en dat zorgt ook voor goede financiële cijfers bij RTL Nederland. De streamingdienst scoorde dit jaar met onder meer de serie Máxima en verwierf bijna 100.000 extra abonnees.
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Socialemediaplatform X gebruikt voorlopig toch niet zomaar de gegevens van Europese gebruikers om zijn AI-modellen te trainen. Gebruikers moeten eerst een duidelijke optie krijgen om hun toestemming daarvoor in te trekken.
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Bij het uitdelen van verkeersboetes moet meer ruimte komen voor maatwerk. Nu verdriedubbelt het boetebedrag soms als mensen niet op tijd betalen. Dat heeft soms onredelijke gevolgen, vindt het CJIB, de instantie die de boetes int.
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De Volksbank kan een boete verwachten omdat de bank te weinig doet aan de controle op witwassen en financiering van terrorisme door rekeninghouders. De bank, waaronder merken als SNS, ASN en RegioBank vallen, heeft sinds de berisping van vorig jaar onvoldoende beterschap getoond.
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Nederland telt momenteel ruim 2,5 miljoen ondernemers, zo'n 1 miljoen meer dan in 2010. Onder meer jongeren en vrouwen begonnen vaker een eigen bedrijf. Dat blijkt uit cijfers van het CBS.
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Nederland telt momenteel ruim 2,5 miljoen ondernemers, zo'n 1 miljoen meer dan in 2010. Onder meer jongeren en vrouwen begonnen vaker een eigen bedrijf. Dat blijkt uit cijfers van het CBS.
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Huishoudens en bedrijven hebben in de eerste helft van dit jaar maar half zoveel zonnepanelen geplaatst als vorig jaar. Over de eerste zes maanden bleef de teller steken op 188.000 nieuwe installaties met zonnepanelen. Dat waren er een jaar eerder nog 371.000.
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Richmond Fed President Tom Barkin said that continued labor market strength, along with slow progress on inflation, gave the Federal Reserve more time to evaluate data before considering an interest rate cut.
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Wall Street bonuses could be set to rise this year, with debt and equity underwriters likely to see the biggest boosts as deals rebound, according to a report from compensation consulting firm Johnson Associates.
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Parker-Hannifin shares were among the top gainers on the S&P 500 Thursday after the electronic equipment maker reported strong quarterly results.
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The S&P 500 rebounded on Thursday, Aug. 8, 2024, jumping 2.3% as fresh jobless claims data helped ease worries about the economy.
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Zillow Group shares jumped 20% Thursday after company reported better-than-expected second-quarter results and announced a new CEO.
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Palantir shares surged Thursday after the company announced an agreement with Microsoft to provide the U.S. government with access to their artificial intelligence and cloud products.
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The average 30-year, fixed-rate mortgage fell to 6.47%, Freddie Mac said, while the 15-year fixed rate came in at 5.63%—both at their lowest points in more than a year.
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Yeti posted quarterly profit and sales that exceeded forecasts on strong demand for its coolers.
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McKesson said that limited access to weight-loss treatments because of short supplies is negatively impacting its services sales.
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Nvidia, Advanced Micro Devices and other chip stocks rallied Thursday, rebounding from steep losses earlier in the week.
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U.S. equities powered higher at midday Thursday after a softer-than-expected report on weekly jobless claims helped ease worries about the health of the economy.
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TKO Group Holdings stock rallied Thursday after the company reported record quarterly revenue and increased its full-year outlook for the second consecutive quarter.
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Sonos shares slumped on Thursday after the maker of headphones and home sound systems cut its guidance and delayed two hardware releases as it races to fix bugs in its app.
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Under Armour shares popped in intraday trading Thursday following the company's first-quarter fiscal 2025 results, its first since announcing a substantial restructuring plan.
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Shares of Dutch Bros lost more than a fifth of their value in intraday trading Thursday, a day after the coffee chain projected low-single-digit 2024 same-store sales growth.
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The U.K.'s antitrust watchdog agency announced a formal investigation into Amazon's partnership with artificial intelligence startup Anthropic.
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Monster Beverage shares tumbled Thursday, a day after the company's co-CEO acknowledged headwinds in the energy drinks sector.
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Jobless claims came in softer than expected at 233,000, giving some economists more confidence that the labor market still has some strength.
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Alphabet's Google and Meta Platforms reportedly had a "secret deal" to target Instagram advertisements to teenagers on YouTube.
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Burger King and Popeyes parent Restaurant Brands International reported second-quarter earnings that topped analysts' expectations, despite facing "short-term consumer pressures."
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Bumble cut its full-year outlook as customers spent less to use the online dating service.
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Warner Bros. Discovery shares plunged Thursday after the entertainment company recorded an almost $10 billion second-quarter loss, hit by a write-down in the value of its cable networks.
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Eli Lilly shares jumped Thursday after its second-quarter results soared past estimates and led the drugmaker to lift its full-year sales and profit guidance.
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Gold prices steadied in early trading on Thursday as investors refocused their attention on the possibility for rate cuts in the U.S. and escalating tensions in the Middle East. Monitor these important chart levels.
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News of the day for August 8, 2024
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Fund Dropped Nearly 3% on Wednesday
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Retail investors increased trading, especially in their 401 (k) accounts, amid the turmoil in the U.S. stock market on Monday, with most moving to safer assets while others searched for bargains on stocks.
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The conversational artificial intelligence (AI) specialist made a strategic acquisition.
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The initiative run through the World Federation of Advertisers has just two full-time staff members.
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PLUG earnings call for the period ending June 30, 2024.
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On Thursday, Exscientia plc (NASDAQ:EXAI) agreed to merge with Recursion Pharmaceuticals Inc. (NASDAQ:RXRX). Exscientia shareholders will receive 0.7729 Recursion shares for each Exscientia share, with fractional shares paid in cash. Based on the fixed exchange ratio, Recursion shareholders will own approximately 74% of the combined entity, and Exscientia shareholders will own approximately 26%. Also Read: Recursion Pharmaceuticals Stock Surges 10% As Nvidia-Powered Supercomputer Completion Spar
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MPW earnings call for the period ending June 30, 2024.
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According to NielsenIQ, E.l.f. Cosmetics surpassed L'Oréal in the quarter to become the second-largest color cosmetics brand in the U.S.
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The company announced a groundbreaking partnership with another artificial intelligence bigwig.
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Let’s talk retirement. Reaching that million-dollar milestone is a big deal. It can mean financial freedom and the ability to enjoy your golden years. So, how do you get there? Here is a breakdown of what it takes to reach $1 million at various ages, assuming you want to retire at 65 and your investments are growing at a solid 10% each year: Don't Miss: The average American couple has saved this much money for retirement — How do you compare? The number of ‘401(k)' Millionaires is up 43% from la
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The election isn’t the only drama happening in Washington, DC. The battle over the former Trump Hotel has ended in a foreclosure auction, sending the rights for the hotel back to the lender, BDT & MSD Partners, the merchant bank owned by Warren ...
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(Bloomberg) -- Everyone involved agrees on the basic facts about March 8, 2022 — a venture capitalist and a startup co-founder spent a big night on the sidelines of a Miami conference. There, agreement ends. Cailin Hardell says the middle-aged VC investor and another CEO backed by his firm got her drunk and sexually assaulted her. They maintain the encounter was consensual. Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureAfrica’s Richest City Needs $12 Bi
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The chipmaker announced some good news for shareholders.
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The stock market has been highly volatile lately. On Aug. 5, the S & P 500 index plunged by nearly 3%, triggered by a global market rout. The tech-focused Nasdaq composite Index fell by 3.4% intraday, marking the largest decline since May 2022. While ...
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Nvidia, Advanced Micro Devices and other chip stocks rallied Thursday, rebounding from steep losses earlier in the week.
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Hurricane Debby made landfall in Florida Sunday before traveling up the East Coast as a tropical storm. The National Centers for Environmental Information estimated $3.5 billion in damages from the storm. Given Florida’s vulnerability to natural disasters, it’s no surprise that the state holds the dubious distinction of having the highest homeowners insurance rates in the nation. However, the extent of premium increases has left even multimillionaires reeling from sticker shock. Don't Miss: The
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A record multi-million dollar gift to Florida's only public historically Black university has been void for months, an independent investigator said Thursday, as a third-party report determined school officials failed to vet a “fraudulent” contribution and that the donor's self-valuation of his fledgling hemp company was “baseless.” Little-known entrepreneur Gregory Gerami's donation of more than $237 million was “invalidated” ten days after its big reveal at Florida A&M University's graduation ceremony because of procedural missteps, investigator Michael McLaughlin told trustees. Gerami violated his equity management account’s terms by improperly transferring 15 million stock shares in the first place, according to an Aug. 5 report by the law office of Buchanan Ingersoll & Rooney, PC.
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In a recent episode of "The Ramsey Show," 22-year-old Molly from Austin, TX, called in with a pressing question. She recently received a $1.5 million inheritance and plans to marry in November. She wanted to know if she should get a prenuptial agreement. Dave Ramsey, traditionally not an advocate of prenups, provided some insights that extend beyond the financial aspects of Molly's situation. Don't Miss: The average American couple has saved this much money for retirement — How do you compare? C
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(Bloomberg) -- Back in June, a mystery investor made a record wager on long-dated Treasuries, creating waves in the ETF market where trading pros seek clues about sentiment on Wall Street. Now the firm behind that bet has revealed itself, and says its recession call is finally coming to fruition.Most Read from BloombergAfrica’s Richest City Needs $12 Billion to Fix InfrastructureNYC Subway Riders See ‘Exceptionally High’ Air PollutionNew York City Paid $2 Million for Empty Hotel Rooms Meant for
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In a positive development for investors, two high-quality real estate investment trusts (REITs) announced dividend increases last week. Investors should take note of REITs that are increasing their dividends because this typically indicates strong ...
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With share prices plunging, high anxiety on Wall Street and talk of emergency rate cuts in the US, it has been a dramatic week for the markets – and the millions of savers who rely on them for an investment return.
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In investing, Warren Buffett and Charlie Munger are household names, synonymous with success and financial wisdom. But even the best can sometimes have doubts, as evident during Berkshire Hathaway’s 2021 annual meeting. Buffett, often regarded as one of the greatest investors of all time, made headlines when he decided to sell some of Berkshire Hathaway’s Apple shares despite them being described as Berkshire’s “fourth jewel” alongside their insurance operations, BNSF Railway and the Berkshire H
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Procter & Gamble is a dividend stock that is worth paying up for today.
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Intel's slump after weak results and guidance was a long time coming.
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The USD/JPY continues to see a lot of noisy behavior, as the market is trying to sort out what the risk parameters truly are. At this point, the market is currently hanging about a major trend line.
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Palantir is succeeding as a company, but is the stock already too expensive?
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Millennial and Gen Z eating habits could mean huge investment returns from these two growth stocks.
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(Bloomberg) -- On the surface, Nvidia Corp.’s $900 billion selloff since its June record would suggest the artificial intelligence spending boom that propelled it there is cooling. But the undercurrents tell a far less dire story.Most Read from BloombergAfrica’s Richest City Needs $12 Billion to Fix InfrastructureNew York City’s Outdoor Dining Sheds Will Start DisappearingNYC Subway Riders See ‘Exceptionally High’ Air PollutionNew York City Paid $2 Million for Empty Hotel Rooms Meant for Migrant
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Eli Lilly blew past second-quarter expectations with the diabetes treatment Mounjaro and its weight loss counterpart Zepbound funneling more than $4 billion in sales to the drugmaker. Lilly also hiked its forecast for the year well beyond Wall Street expectations as newer drugs like Zepbound built momentum. The company’s shares soared before markets opened Thursday after Lilly detailed its quarterly results.
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The recent news that Chevron is leaving San Ramon, CA, for Houston, TX, is another example of what has been termed the California exodus. Many businesses have left the Golden State over the last several years. Speaking with Fox Business, Shark Tank ...
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Nvidia’s AI business can’t justify a $3 trillion valuation — but here’s what can, says a NYU finance professor.
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Can this struggling stock turn things around?
( 68
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Global markets plunged this week, but savvy investors could boost long-term returns because of it.
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On Thursday, Eli Lilly And Co (NYSE:LLY) reported second-quarter revenue of $11.3 billion, up 36% year over year, easily surpassing the consensus of $9.95 billion. The increase was driven by a 27% increase in volume and a 10% increase due to higher realized prices. The volume increase was primarily driven by growth from Mounjaro, Zepbound, Verzenio, Taltz and Jardiance, partially offset by the sale of rights for Baqsimi in Q2 2023 and declines in Trulicity. In its earnings release, Eli Lilly rep
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In an effort to rapidly bring down EV costs, Japanese automakers are taking the next step -- how will Ford respond?
( 68
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ITW's track record for returning capital to shareholders makes up for its lackluster sales growth.
( 69
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There's no getting around the fact that the cable television industry now has more than one kind of cord-cutting problem on its hands.
( 68
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Novavax reported second-quarter revenue that was below analysts' estimates on Thursday due to lower-than-expected sales of its COVID-19 vaccine. The company recorded $415.5 million in total revenue in the second quarter, lower than analysts' average estimate of $458.6 million, according to LSEG data.
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Semiconductor stocks fell sharply in recent days, pressured by a combination of macroeconomic headwinds and disappointing earnings results amid high expectations.
( 66
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Nvidia may be winning now, but there are signs of weakness.
( 68
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Eli Lilly on Thursday raised its annual profit forecast and sales of its popular weight-loss drug Zepbound crossed $1 billion for the first time in a quarter. The drugmaker now expects adjusted profit of $16.10 to $16.60 per share for 2024, compared with prior forecast of $13.50 to $14.
( 65
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Artificial intelligence could mint another $2 trillion tech giant very soon.
( 70
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Find the latest HireQuest, Inc. (HQI) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 46
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Berkshire Hathaway now has a record high amount of cash on its balance sheet. Here's how it could spend it.
( 68
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Volatility spikes like the one seen on Monday rarely disappear instantly and, with the VIX 'fear gauge' still above historical averages of about 20, some turbulence remains. European and Asian benchmarks were slightly lower - but with far less movement than earlier in the week.
( 68
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Two successful fund managers are ignoring Wall Street's obsession with artificial intelligence (AI) stocks, investing in these bargain opportunities instead.
( 69
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One member of the "Magnificent Seven" has a clear path to become the most-valuable publicly traded company.
( 70
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Billionaires see better AI investment prospects with these two tech giants.
( 69
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A potential market downturn could create lucrative buying opportunities for some of technology's best stocks.
( 68
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These tech bellwethers pay above-average yields and can help grow your savings.
( 67
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QuantumScape could address several things hindering EV sales growth.
( 68
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A roughly 1,400-point, 8% tumble for the Nasdaq Composite over three trading sessions has made a trio of supercharged dividend stocks too enticing to pass up.
( 35
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Here's exactly how to protect your money amid market volatility.
( 68
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Super Micro Computer recently announced a 10-for-1 stock split.
( 69
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After a turbulent week in global markets, the worst of the selloff might be over but investors need to "keep the reins tight on big directional bets for now," Goldman Sachs global head of hedge fund coverage Tony Pasquariello said. In a client note issued on Wednesday seen by Reuters, Pasquariello called the week's moves in the market since Friday "a global margin call" and laid out where the markets are possibly headed from here. Investors are struggling to figure out if the wide stock market meltdown stoked by weak U.S. recession worries and an unwinding of yen-funded carry trades is over.
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Investors are tiptoeing back into shares of U.S. tech stocks following a sharp tumble, even as some still-elevated valuations threaten to punish dip buyers if markets stumble again. After a searing rally this year, the tech-heavy Nasdaq 100 is down more than 13% from an all-time high hit last month in a sell-off that has been blamed on everything from U.S. economic worries to the unwinding of a global yen-funded carry trade. The sell-off has made tech stocks less expensive based on price-to-earnings ratios, boosting their allure to investors who had previously been reluctant to jump aboard.
( 68
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ET earnings call for the period ending June 30, 2024.
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(Bloomberg) -- Asian equities were set to drop Thursday after a weak Treasury auction dealt a fresh blow to sentiment on Wall Street.Most Read from BloombergAfrica’s Richest City Needs $12 Billion to Fix InfrastructureNew York City’s Outdoor Dining Sheds Will Start DisappearingThe 5 Coastal States That Face the Most Devastating Flood RiskNew York City Paid $2 Million for Empty Hotel Rooms Meant for MigrantsNYC Subway Riders See ‘Exceptionally High’ Air PollutionFutures contracts for Japan, Austr
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Half Nederland zwijmelt weg bij het lief en leed van B&B Vol liefde. Daarbij kijken we vooral naar de deelnemers en hun gasten. Maar menigeen zal bij beelden van het Krugerpark of Saint-Geniez-ô-Merle denken: daar wil ik ook heen.
( 1
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Half Nederland zwijmelt weg bij het lief en leed van B&B Vol liefde. Daarbij kijken we vooral naar de deelnemers en hun gasten. Maar menigeen zal bij beelden van het Krugerpark of Saint-Geniez-ô-Merle denken: daar wil ik ook heen.
( 1
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Wie zijn huis wil verduurzamen kan vanaf november een hoger bedrag lenen. Dit komt doordat de leennormen worden verruimd. Dat melden de Nederlandse Vereniging van Banken (NVB) en de Vereniging van Financieringsondernemingen in Nederland (VFN).
( 1
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Vakantiegangers met een elektrische auto moeten deze zomer goed opletten voor extreem dure laadpalen. De ANWB waarschuwt voor laadplekken waarbij je niet alleen voor de stroom betaalt, maar ook voor de tijd dat je auto aan de stekker zit.
( 1
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Vakantiegangers met een elektrische auto moeten deze zomer goed opletten voor extreem dure laadpalen. De ANWB waarschuwt voor laadplekken waarbij je niet alleen voor de stroom betaalt, maar ook voor de tijd dat je auto aan de stekker zit.
( 1
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Philips heeft een Amerikaans onderzoekslab aansprakelijk gesteld voor een deel van de miljardenschade die het bedrijf heeft geleden doordat het miljoenen slaapapneuapparaten moest terugroepen. Volgens Philips komt een deel van die kosten door verkeerde tests van het lab.
( 1
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De Europese gasprijzen zijn gestegen naar het hoogste punt sinds begin december 2023. Dat gebeurde na berichten dat Oekraïne in de oorlog met Rusland een belangrijk punt voor de doorvoer van Russisch gas heeft ingenomen.
( 1
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HEMA-rookworsten worden binnenkort na meer dan tachtig jaar niet meer in de iconische rookworstenfabriek in Oss gemaakt. Vanaf komend najaar worden de worsten elders gemaakt. De winkelketen kwam er zakelijk niet uit met de eigenaar van de fabriek.
( 1
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Nederlandse bedrijven en instellingen zijn het afgelopen jaar minder productief geworden, meldt het CBS. Het statistiekbureau kwam zelfs uit op de grootste daling sinds 2009, toen de kredietcrisis de economie nog in de weg zat.
( 1
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After today's big sell-off, Luminar stock is down 74% in 2024.
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A weakening U.S. economy could reduce demand for the chipmaker's pricy AI chips.
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The stock has one of the highest yields on the S&P 500. How long will it last?
( 67
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Lumen missed earnings expectations, but it actually had some great news for investors.
( 66
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Walgreens Boots Alliance said on Wednesday it was exploring options to sell a part, or all of its VillageMD business.
( 65
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Recent losses for Nvidia and Advanced Micro Devices shares could offer an opportunity for investors to buy the dip, with the chipmakers set to gain from surging AI demand, Piper Sandler analysts said.
( 66
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(Bloomberg) -- Cathie Wood scooped up shares of tech firms caught in crushing market rout, just as her flagship fund sank to a new 2024 low. Most Read from BloombergAfrica’s Richest City Needs $12 Billion to Fix InfrastructureNew York City’s Outdoor Dining Sheds Will Start DisappearingThe 5 Coastal States That Face the Most Devastating Flood RiskNew York City Paid $2 Million for Empty Hotel Rooms Meant for MigrantsNYC Subway Riders See ‘Exceptionally High’ Air PollutionWood’s ARK Innovation ETF
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“Eventually, I have to leave—I know that,” said Dimon.
( 67
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OpenAI is now worth about the same as the semiconductor company.
( 67
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Intel was sued on Wednesday by shareholders who said it fraudulently concealed problems that led to weak second-quarter results, and prompted the Silicon Valley chipmaker to suspend its dividend and to plan cutting its workforce by 15%. The proposed class action filed in San Francisco federal court seeks unspecified damages. Intel Chief Executive Patrick Gelsinger and Chief Financial Officer David Zinsner are also defendants.
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Saving $1 million or more for retirement is a goal that many aspire to achieve. However, according to Smart Asset, only around 10% of retirees reach this milestone. The majority of retirees have far less saved. Don't Miss: The average American couple has saved this much money for retirement — How do you compare? A billion-dollar investment strategy with minimums as low as $10 — you can become part of the next big real estate boom today. Will the surge continue or decline on real estate prices? P
( 68
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Occidental Petroleum reported a rise in second-quarter profit on Wednesday, as the oil and gas firm benefited from higher oil production and crude prices. The company posted profit of $992 million, or $1.03 per share, for the quarter ended June 30, compared with $605 million, or 63 cents per share, a year earlier.
( 65
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Super Micro Computer shares plunged on Wednesday after the company released weaker-than-expected earnings and announced a 10-for-1 stock split. Here's what analysts are saying about what comes next.
( 66
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A federal judge ordered Ripple to pay $125 million in civil penalties and imposed an injunction against future securities law violations on Wednesday.
( 66
min )
The AI server maker missed on the bottom line in its quarterly earnings report.
( 67
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Sam Dogen retired early at 34 and returned to work after a decade, but the micromanagement and stress led him to retire again after four months.
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The family of a French explorer who died in a submersible implosion have filed a wrongful death lawsuit seeking more than $50 million that accuses the sub’s operator of gross negligence. Paul-Henri Nargeolet was among five people who died when the Titan submersible imploded during a voyage to the famed Titanic wreck site in the North Atlantic in June 2023. No one survived the trip aboard the experimental submersible owned by OceanGate, a company in Washington state that has since suspended operations.
( 68
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Find the latest Linde plc (LIN) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 46
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(Bloomberg) -- Traders whipsawed by the stock market’s gyrations are bracing for more bouts of volatility in the coming sessions, starting with Thursday’s report on US jobless claims.Most Read from BloombergAfrica’s Richest City Needs $12 Billion to Fix InfrastructureNew York City’s Outdoor Dining Sheds Will Start DisappearingThe 5 Coastal States That Face the Most Devastating Flood RiskNew York City Paid $2 Million for Empty Hotel Rooms Meant for MigrantsParis Spent €1.4 Billion to Clean Up the
( 67
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Not every dream house has a dream outcome. Billionaire Sun Microsystems co-founder Scott McNealy has sold his Silicon Valley home at a deep discount to its original asking price. The San Francisco Standard reported that the five-bedroom mansion in ...
( 68
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The probe focuses on JPMorgan, Bank of America and Wells Fargo among other large banks, the report said, citing people familiar with the matter. JPMorgan last week had disclosed in a filing that it was responding to the CFPB's inquiries regarding Zelle and was considering whether to sue a U.S. consumer watchdog over the agency's inquiries.
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Lyft, Inc (NASDAQ:LYFT) reported its second-quarter financial results on Wednesday. It reported adjusted EPS of $0.24, which beat the analyst consensus estimate of $0.19. Quarterly sales were $1.44 billion, beating the analyst consensus estimate of $1.39 billion and representing a 41% increase year over year. Rival Uber Technologies, Inc (NYSE:UBER) reported fiscal second-quarter 2024 revenue growth of 16% year-on-year to $10.70 billion, beating the analyst estimate of $10.57 billion. Uber opera
( 67
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Eli Lilly and Company (NYSE:LLY) is expected to release earnings results for its second quarter, before the opening bell on Thursday, Aug. 8. Analysts expect the Indianapolis-based company to report quarterly earnings at $2.60 per share, up from $2.11 per share in the year-ago period. Eli Lilly is projected to post revenue of $9.92 billion, compared to $8.31 billion a year earlier, according to data from Benzinga Pro. Some investors may be eyeing potential gains from the company's dividends. Eli
( 67
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Buy these blue-chip stocks to protect your portfolio in the short term and build wealth over the long term.
( 68
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Billionaire investor and PayPal co-founder Peter Thiel played a pivotal role in launching J.D. Vance's venture capital career in 2016. Thiel, known for his influential presence in Silicon Valley, brought Vance into Mithril Capital Management, a venture capital (VC) firm he founded. The opportunity came shortly after Vance gained national attention for his memoir "Hillbilly Elegy," which portrayed the struggles of the white working class in America's Rust Belt. The memoir's success positioned Van
( 67
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During the premarket session on Wednesday, CVS Health Corp (NYSE:CVS) stock fell after the company reported mixed second-quarter earnings and cut annual profit guidance. The stock has been volatile since. The company reported second-quarter sales of $91.23 billion, missing the consensus of $91.51 billion. Total revenues increased 2.6%, primarily driven by growth in the Health Care Benefits and Pharmacy & Consumer Wellness segments, partially offset by a decline in the Health Services segment. Ad
( 67
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Warren Buffett’s legendary success as an investor owes much to a straightforward yet powerful approach: dividend reinvestment programs (DRIP). This strategy harnesses the power of compounding by reinvesting dividends into the stock, creating a ...
( 69
min )
These three Nasdaq stocks saw price drops of more than 35% last month. Are they good buys or too risky to touch today?
( 69
min )
Walt Disney Co (NYSE:DIS) reported fiscal third-quarter 2024 revenue growth of 4% year-on-year to $23.16 billion, marginally beating the analyst consensus estimate of $23.11 billion. Adjusted EPS of $1.39 beat the analyst consensus estimate of $1.20. Segments: Entertainment revenue increased by 4% year over year to $10.58 billion, mainly driven by subscription revenue growth due to price increases and customer growth for Disney+ Core, CNBC reports. Sports revenue grew 5% year over year to $4.56
( 67
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As the U.S. housing market cools following a sour jobs report last week, data suggests a growing trend of price cuts across the country. However, some industry experts argue that more reductions are necessary to restore balance and affordability to a market marred by high prices, rates, and low inventory. According to a new report from Realtor.com, the share of home listings with price reductions reached a two-year high in July, increasing by 3.4% compared to the previous year. That brings the t
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This stalwart can provide steady returns for shareholders over the long term.
( 69
min )
Wood is known for her focus on investing for the long term...
( 68
min )
Find the latest MSCI Inc. (MSCI) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 46
min )
Should investors buy Nvidia following its recent pullback in anticipation of more gains over the next year?
( 27
min )
Shopify beat analysts' estimates for quarterly revenue on Wednesday, as the Canadian company's artificial intelligence-powered tools helped pull in more merchants to its e-commerce services. The company reported second-quarter revenue of $2.05 billion, compared with analysts' average estimate of $2.01 billion, according to LSEG data.
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The interest rate for the most popular U.S. home loan plunged last week to its lowest level in 15 months, after the Federal Reserve signaled it could start cutting its policy rate in September, and a downshift in the job market bolstered financial market bets the cuts would be big. The average contract rate on a 30-year fixed-rate mortgage dropped 27 basis points in the week ended Aug. 2, to 6.55%, the Mortgage Bankers Association said on Wednesday.
( 67
min )
Find the latest Bank of America Corporation (BAC) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 46
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Imagine that you’re 68 years old and have a long-term care insurance policy in place that will help you pay for this all-important type of care later in life. You pay $600 per month in premiums and tell yourself it’s a good investment, considering how expensive long-term care can be. Consider working with a financial […] The post I'm 68 and My Long-Term Care Insurance Now Costs $600 Per Month. Is This Too Much? appeared first on SmartReads by SmartAsset.
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Do withdrawals from my pre-tax IRA and/or 401(k) accounts made before I turn 73 count toward my RMDs? Or do RMDs start at 73 without regard to prior withdrawals? I'm 70 now and still working and collecting Social Security, but plan to retire in 2024. – Luis Unfortunately, withdrawals from an IRA or 401(k) before […] The post Ask an Advisor: Do IRA Withdrawals Before I Turn 73 Count Toward My RMDs? appeared first on SmartReads by SmartAsset.
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CVS Health has chopped its 2024 forecast for a third time as the health care giant continues to struggles with its health insurance business. The leader of that segment, Executive Vice President Brian Kane, has left the company, CVS said Wednesday, and CEO Karen Lynch is taking over leadership of the insurance business. CVS Health now expects adjusted per-share earnings for the year to be between $6.40 and $6.65.
( 60
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This is what a broken company looks like.
( 69
min )
Find the latest Offerpad Solutions Inc. (OPAD) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 46
min )
Shares are still tanking after the global system outage in July. But can this embattled company recover?
( 67
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Wall Street's main indexes ended Tuesday with healthy gains after comments from Federal Reserve officials eased worries of a U.S. recession following weak economic data last week. Super Micro Computer fell 12.7% after reporting quarterly adjusted gross margin below estimates. Rival Dell Technologies dropped 2.4%.
( 67
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(Bloomberg) -- It only takes a quick glance at the US bond curve to realize something is off. One Treasury security — the 20-year — is detached from the rest of the market. It hovers at yields that are far higher than those on the bonds surrounding it — the 10-year and the 30-year.Most Read from BloombergAfrica’s Richest City Needs $12 Billion to Fix InfrastructureNew York City’s Outdoor Dining Sheds Will Start DisappearingThe 5 Coastal States That Face the Most Devastating Flood RiskParis Spent
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min )
This Vanguard ETF offers investors a shelter in the storm.
( 68
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Hint: It's not Nvidia, Chipotle, or Walmart.
( 67
min )
I have my eyes on these top stocks.
( 68
min )
There are blue-chip bargains paying large and growing dividends in the healthcare space.
( 68
min )
The semiconductor giant's AI business is booming.
( 68
min )
The largest corporate holder of Bitcoin is set to conduct a historic stock split.
( 70
min )
According to Jensen Huang and Cathie Wood, artificial intelligence (AI) software could be far more valuable than AI chips.
( 69
min )
Buffett's sale of Apple raises questions with the company potentially on the verge of an AI-driven iPhone upgrade supercycle.
( 68
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Shares of Amazon and Apple have declined amid recent market turbulence, but only one stock is worth buying at its current price.
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This chipmaker has a lot of incredible opportunities for growth.
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An 8% tumble spanning three trading sessions in the growth-focused Nasdaq Composite has opened the door to some phenomenal bargains.
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SunPower, a leading residential solar installer, has encountered a “severe liquidity crisis” and must sell its assets to pay down more than $2 billion in debts, company officials said.
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European shares opened higher on Wednesday, as a slew of upbeat corporate earnings lifted sentiment, although gains were capped after heavyweight Novo Nordisk missed estimates for its second-quarter operating profit. The continent-wide STOXX 600 was up 0.5% at 491.07 points, as of 0712 GMT. The healthcare sub-index lost 0.7%, the most among regional sectors.
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Shares Fell 13% in Extended Trading Tuesday
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This marks the first-ever stock split for the AI-centric server specialist.
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(Bloomberg) -- Stocks in Asia are set to resume declines following a frenzy of dip buying that fueled a rebound in most markets across the globe on Tuesday. US futures fell in early trading.Most Read from BloombergAfrica’s Richest City Needs $12 Billion to Fix InfrastructureNew York City’s Outdoor Dining Sheds Will Start DisappearingSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeThe 5 Coastal States That Face the Most Devastating Flood RiskParis Spent €1.4 Billion t
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Amgen shares fell 5% Wednesday after the drug developer lowered its full-year earnings guidance.
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The S&P 500 lost 0.8% on Wednesday, Aug. 7, 2024, as the prior day's stock market rebound failed to maintain its momentum.
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Recent losses for Nvidia and Advanced Micro Devices shares could offer an opportunity for investors to buy the dip, with the chipmakers set to gain from surging AI demand, Piper Sandler analysts said.
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Cybersecurity firm Fortinet topped quarterly sales and profits, boosted by record operating margins, and its shares skyrocketed.
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Global Payments was among the S&P 500’s brightest stars Wednesday after a second-quarter revenue beat and a dose of optimism about the company’s streamlining efforts.
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Super Micro Computer shares plunged on Wednesday after the company released weaker-than-expected earnings and announced a 10-for-1 stock split. Here's what analysts are saying about what comes next.
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Hilton reported second-quarter earnings that missed analysts' estimates and trimmed its full-year earnings outlook amid concerns about softening demand.
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Apartment giant Equity Residential has agreed to pay Blackstone Real Estate $964 million for 11 properties in its targeted Atlanta, Dallas/Fort Worth, and Denver markets.
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Shopify stock surged Wednesday after delivering second-quarter results that surpassed analysts' expectations and issuing strong current-quarter guidance.
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Axon Enterprise's second-quarter sales jumped and the TASER maker raised its full-year guidance on demand for its services.
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Charles River Laboratories shares sank Wednesday after the company said it expects to post a decline in sales for the full fiscal year, instead of growth.
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The Cboe Volatility Index (VIX) was one of the few market indexes in the green amid Monday's rout, sending VIX ETFs skyrocketing. Here, we take stock of what VIX ETFs are and what use they are as a hedge against selloffs.
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U.S. equities gained at midday Wednesday after a slew of stronger-than-expected earnings reports.
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Refinance Applications Last Week Hit Their Highest Level in Two Years
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It was a second straight day of monster gains for Lumen Technologies shares as the telecom company benefited from soaring AI demand.
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Shares of the New York Times Co. rose in intraday trading Wednesday as the media outlet surpassed 10 million digital subscribers, powering a second-quarter earnings beat.
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Rivian Automotive's second-quarter loss increased as it continued to lose money on each electric vehicle it sells.
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Lyft shares plunged in intraday trading Wednesday as disappointing guidance outweighed the ridesharing company's first quarterly profit and record ridership numbers.
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Airbnb shares tumbled Wednesday, a day after warning about slowing U.S. demand in its second-quarter earnings report.
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Disney shares dropped Wednesday as the entertainment giant reported better third-quarter results than analysts had expected, but also warned that lower demand for in-person experiences could continue.
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Japan's Nikkei closed higher Wednesday, Europe's Stoxx 600 benchmark is gaining, and U.S. stock futures are rising after the Bank of Japan calmed investor fears of the unwinding of the carry trade and said it wouldn't raise interest rates while capital markets were "extremely volatile."
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Ozempic and Wegovy maker Novo Nordisk reported second-quarter sales and profits that fell short of analysts' estimates.
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News of the day for August 7, 2024
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Stock Up 15% in Premarket Trading Wednesday
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Shares Fell 13% in Extended Trading Tuesday
( 22
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De meeste kledingfabrieken in het door uit de hand gelopen protesten geteisterde Bangladesh openen de deuren weer. De fabrieken zijn samen goed voor zo'n 90 procent van de totale textielproductie.
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Disney kampt met tegenvallende bezoekersaantallen in de Amerikaanse pretparken. Het amusementsbedrijf maakt wel voor het eerst winst met zijn streamingdiensten. Ook de filmstudio presteerde boven verwachting.
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Chinezen hebben afgelopen maand voor het eerst meer elektrische dan fossiele auto's aangeschaft, blijkt uit branchecijfers. China is een van de grootste automarkten ter wereld.
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De vraag naar afslankmiddelen en obesitasmedicijnen groeit zo hard, dat het Deense Novo Nordisk moeite heeft om die bij te benen. Daarom stelt de farmaceut tot onvrede van beleggers de verwachtingen voor de winst van dit jaar naar beneden bij.
( 1
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Privacytoezichthouder AP heeft meerdere meldingen binnengekregen van datalekken die ontstonden nadat medewerkers persoonsgegevens van klanten en patiënten met een AI-chatbot hadden gedeeld. Niet alle organisaties zijn zich ervan bewust dat chatbots die informatie kunnen bewaren.
( 1
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De loonstijgingen blijven dit jaar aan de hoge kant. In de eerste zeven maanden was er sprake van een stijging van gemiddeld 5,2 procent. Dat is nog steeds historisch hoog, maar een stuk lager dan vorig jaar, toen de loonstijging uitkwam op 7,1 procent.
( 1
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Het verkoopverbod van tabaksproducten voor Nederlandse supermarkten doet Albert Heijns moederbedrijf Ahold Delhaize pijn, maar toch zijn de verkopen in het tweede kwartaal opgelopen. Ook maakte het bedrijf meer winst.
( 1
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ABN AMRO bleef in het tweede kwartaal van 2024 goed verdienen aan rente-inkomsten, maar toch is de nettowinst tussen april en juni gezakt naar 642 miljoen euro. In dezelfde periode in het recordjaar 2023 was dat nog 870 miljoen euro.
( 1
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De Chinese economie houdt last van binnen- en buitenlandse tegenwind. De export groeide in juli minder hard dan gedacht en dan zijn er ook nog nieuwe handelsbelemmeringen uit de Verenigde Staten aanstaande. Ook kampt het land nog steeds met een vastgoedcrisis.
( 1
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De oppervlakte van de Nederlandse kersenteelt is in de afgelopen 24 jaar verdrievoudigd. Dit jaar groeien de rode vruchten op bijna 560 hectare landbouwgrond, terwijl dat in 2000 nog maar 198 hectare was.
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Here's what experts say happened over the past few days and what lies ahead for the crypto markets as the U.S. navigates fears of economic uncertainty.
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Super Micro Computer reported fiscal fourth-quarter earnings that missed analysts' estimates and announced a 10-for-1 stock split.
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The Walt Disney Company’s various streaming services will get more expensive starting in mid-October, the company announced Tuesday.
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Reddit beat second-quarter expectations on the top and bottom lines as its advertising revenue surged.
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The social media platform X sued an advertisers group on Tuesday over what the lawsuit calls an "illegal" boycott of X for ad spending.
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The S&P 500 rebounded on Tuesday, Aug. 6, 2024, adding 1% to notch its first positive session since economic concerns began roiling markets last week.
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Google said it plans to appeal after a judge ruled its Google Search violates antitrust laws, which have implications for other big tech cases.
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Microsoft said in a letter Tuesday that Delta ignored or refused several offers for assistance in the days after last month's technical outage as the airline canceled thousands of flights.
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Palantir shares surged Tuesday after the company's earnings beat driven by AI demand, leading some analysts to lift their price targets for the stock, while others raised concerns about the sustainability of recent growth.
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CVS Health reports second-quarter earnings ahead of the opening bell Wednesday, after its first-quarter results sent the company's stock to its worst day of the year.
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Shares of Royal Caribbean Cruises jumped Tuesday after JPMorgan analysts called it “best in class” among the cruise line operators.
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Shares of Yum! Brands, the company behind Pizza Hut, KFC, and Taco Bell, rose in intraday trading Tuesday as executives said consumers looking to make the most of their money are driving sales higher at Taco Bell.
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Spot ether exchange-traded funds (ETFs) reported their second-best day of inflows on Monday, even as ether prices crashed amid a broader market rout.
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U.S. stocks tumbled Monday amid a global equities selloff that was in part fueled by the rapid unwinding of a popular trade that relies on rock-bottom Japanese interest rates. Here's what you need to know about the so-called 'carry trade.'
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Lucid Group shares rose Tuesday after the company posted second-quarter results late Monday and announced $1.5 billion in funding commitments from an affiliate of the Saudi Arabia's Public Investment Fund.
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Duke Energy beat second-quarter earnings and revenue estimates on higher rates and sales volumes, as well as favorable weather.
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Kenvue shares surged in intraday trading Tuesday after the company affirmed its full-year guidance that topped analysts' expectations.
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U.S. equities rallied Tuesday after Monday's big sell-off amid worries about the health of the U.S. economy.
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CrowdStrike shares rose Tuesday as Piper Sandler analysts said they believe it's a good time to buy the stock ahead of a likely recovery.
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The U.S. trade deficit narrowed by 2.5% in June, though economists were expecting it to fall further. Exports ticked up while imports fell amid weaker domestic demand.
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Hyatt Hotels reported higher-than-expected second-quarter profit as revenue per available room (RevPAR) grew 4.7% year-over-year.
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Fox Corporation shares gained Tuesday after the media company reported better-than-expected earnings, driven by growth in affiliate fees and its Tubi free TV and movie streaming service.
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Nvidia shares rebounded in early trading Tuesday after reports its Blackwell AI chip will be delayed sent the stock tumbling, as bullish analysts highlighted the chipmaker's long-term strength.
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Tempur Sealy said second-quarter sales in the U.S. were hurt by macroeconomic pressures on consumers.
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Lumen Technologies shares soared Tuesday, a day after it said it secured $5 billion in new business because of booming demand for AI connectivity.
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Uber shares surged Tuesday after the company's second-quarter profits more than doubled year-over-year and gross bookings and revenue also surpassed analysts' expectations.
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Japan's Nikkei rebounded Tuesday, closing up 10% after tanking 12% yesterday, the index's worst day since 1987.
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Caterpillar shares are rising in premarket trading Tuesday after the company's second-quarter profits beat analysts' estimates despite lower sales than expected.
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Shares are Down 26% From Record Close
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News of the day for August 6, 2024
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Shares Surged More Than 12% in Extended Trading on Monday
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Three out of five Americans believe that the U.S. economy is in a recession—even though it isn't—because of their personal financial issues.
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Super Micro Computer reported fiscal fourth-quarter earnings that missed analysts' estimates and announced a 10-for-1 stock split.
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A downbeat new take on the company from an analyst was only the latest blow to its share price.
( 66
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Costco's return policy is extremely flexible. But read on for some exceptions to that rule.
( 67
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(Bloomberg) -- Super Micro Computer Inc. reported quarterly revenue and profit that missed analysts’ estimates, outweighing an annual sales outlook that was billions above Wall Street projections.Most Read from BloombergAfrica’s Richest City Needs $12 Billion to Fix InfrastructureNew York City’s Outdoor Dining Sheds Will Start DisappearingSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeThe 5 Coastal States That Face the Most Devastating Flood RiskParis Spent €1.4 Bil
( 67
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Super Micro Computer forecast first-quarter revenue above estimates on Tuesday, betting on strong demand for its artificial intelligence servers amid a boom in the adoption of generative AI technology. The company expects net sales between $6 billion to $7 billion for the first quarter, compared to analysts' average estimate of $5.46 billion, according to LSEG data.
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CNBC Mad Money host Jim Cramer has said in the past that Republican presidential candidate Donald Trump is good for one’s investment portfolio. On Monday, the stock picker said a Trump White House could also be good for income earners. What Happened: “If you're in the stock market, if you care about your paycheck, you go with Trump,” Cramer said while appearing on Squawk Box. “That's what you do,” he said. Don't Miss: The average American couple has saved this much money for retirement — How do
( 68
min )
Iron Mountain Inc (NYSE:IRM) is a data storage REIT that is currently on investors' radar after the company posted solid second-quarter results and raised its quarterly dividend by 10%. Iron Mountain, which has a dividend yield of 2.68%, expects 2024 ...
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Lumen is one of the market's hottest stocks today thanks to some big AI news.
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“It’s a little bit like wanting to go to the emergency room for a cough,” El-Erian told Fortune.
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Broadcom stock is trading near a historically bullish trendline
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Tech stocks have had a rough few weeks in the market as investors look for signs of weakness in the AI-fueled tech boom. This prompts investors to seek stability in dividend-paying stocks with an established track record. Jim Cramer recently ...
( 68
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German drugstore chain Rossmann said on Tuesday it would no longer buy Tesla cars for its corporate fleet due to CEO Elon Musk's support for U.S. Republican presidential candidate Donald Trump. The drugstore chain, which is among the largest in Europe, said its decision was with immediate effect and due to what it called an "incompatibility" between statements by Musk and the values that Tesla represents.
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The global stock market rout has a long way to go, analysis by a Wall Street bank has indicated, as European markets once again turn negative.
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Can Apple's shares continue to beat the market?
( 67
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Vice President Kamala Harris hit the campaign trail with a clear message: her presidency will focus on building the middle class. Harris has held fast, reiterating to a rally in Wisconsin, "We believe in a future where every person has the opportunity not just to get by but to get ahead.” Harris aims to follow President Biden’s promise not to raise taxes for those earning less than $400,000 per year. This pledge is part of a broader strategy to position herself as a champion for working families
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Elon Musk's social media platform X has sued a group of advertisers, alleging that a “massive advertiser boycott” deprived the company of billions of dollars in revenue and violated antitrust laws. The company formerly known as Twitter filed the lawsuit Tuesday in a federal court in Texas against the World Federation of Advertisers and member companies Unilever, Mars, CVS Health and Orsted. It accused the advertising group's initiative, called the Global Alliance for Responsible Media, of helping to coordinate a pause in advertising after Musk bought Twitter for $44 billion in late 2022 and overhauled its staff and policies.
( 26
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Find the latest Fidelity National Information S (FIS) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 46
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(Bloomberg) -- Microsoft Corp. said Delta Air Lines Inc. turned down repeated offers for assistance following last month’s catastrophic system outage, echoing claims by CrowdStrike Holdings Inc. in an increasingly contentious conflict between the carrier and its technology partners.Most Read from BloombergAfrica’s Richest City Needs $12 Billion to Fix InfrastructureNew York City’s Outdoor Dining Sheds Will Start DisappearingSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final N
( 67
min )
With company pensions fading away, Social Security facing potential cuts, and inflation steadily increasing, taking charge of your financial future is more important than ever. The responsibility to save and invest enough for a comfortable retirement rests squarely on your shoulders. Don't Miss: Are you rich? Here’s what Americans think you need to be considered wealthy. Can you guess how many retire with a $5,000,000 nest egg? – How does it compare to the average? Don’t miss out on the next Nvi
( 68
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Three depressed stocks with rising payouts are ready to follow their dividends higher.
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Global equity markets, commodities, and cryptocurrencies all crashed on Black Monday 2.0, and investors are worried about the unabated sell-off. Against this backdrop, social media tapped into sagacious comments from Amazon founder Jeff Bezos in the aftermath of the 2000 dotcom bubble burst to draw some encouragement. Don't Miss: Amid the ongoing EV revolution, previously overlooked low-income communities now harbor a huge investment opportunity at just $500. Here’s the AI-powered startup that t
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Donald Trump, the Republican presidential nominee, has promised to cut taxes on Social Security, aiming directly at the 67 million Americans who rely on those monthly benefits. "Seniors should not pay taxes on Social Security, and they won't," Trump announced at a campaign rally last week. Don't Miss: The average American couple has saved this much money for retirement — How do you compare? Can you guess how many retire with a $5,000,000 nest egg? – How does it compare to the average? Will the s
( 68
min )
The widely followed growth investor kicked off the new trading week by buying when others were selling.
( 68
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Lumen Technologies shares soared Tuesday, a day after it said it secured $5 billion in new business because of booming demand for AI connectivity.
( 66
min )
Eli Lilly is one of the most innovative pharmaceutical companies right now.
( 69
min )
Nvidia, Crowdstrike upgraded: Wall Street's top analyst calls
( 67
min )
Mortgage rates are falling, but with fears of a recession mounting, is it a good time to buy a house? Not necessarily, one expert says.
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The market has been seriously struggling lately. Here's what to do with your investments.
( 68
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On Thursday, Intel Corporation (NASDAQ: INTC) delivered a few bad news with its second quarter earnings. Missing analyst estimates across the board, Intel also provided a weak guidance as second-half of the year seems to be more challenging than previously expected. Intel’s disappointing report brought down other chip stock, including NVIDIA Corporation (NASDAQ: NVDA), Taiwan Semiconductor Manufacturing Company (NYSE: TSM) and ASML Holding (NASDAQ: ASML). A Disappointing Second Quarter Performan
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The chipmaker's stock has taken a deep dive, increasing the value of its shares.
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Crypto prices are down recently and the highly anticipated boost from the Bitcoin halving is nowhere to be seen. Here why you should see this price drop as a promising buy-in opportunity.
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Uber Technologies, Inc (NYSE:UBER) reported fiscal second-quarter 2024 revenue growth of 16% year-on-year to $10.70 billion, beating the analyst consensus estimate of $10.57 billion. Uber’s GAAP EPS of 47 cents beat the analyst consensus estimate of 31 cents. The stock gained after the report. Revenue from Mobility grew to $6.13 billion, up 25% year over year. Delivery was $3.29 billion, up 8%, and Freight was $1.27 billion, flat year over year. Gross Bookings grew 19% year-over-year to $39.95 b
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From $1,000 to a fabulous financial future: Learn the simple steps to making your first investment count in the stock market.
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Caterpillar shares are rising in premarket trading Tuesday after the company's second-quarter profits beat analysts' estimates despite lower sales than expected.
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Real estate investment trusts (REITs) offer a compelling opportunity for income-seeking investors. REITs own, operate, or finance income-generating real estate, allowing individuals to invest in various types of real estate without having direct ...
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These businesses are so strong that a stock split would just be icing on the investing cake.
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Exchange-traded funds can be good choices when you can't decide among several good companies.
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Thomas Salopek, head of cross-asset strategy at JPMorgan, says there are a number of signs that show the stock market has yet to bottom.
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Find the latest Intercontinental Exchange Inc. (ICE) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
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These two are rock-solid businesses with strong dividend programs.
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The software company, originally focused on the U.S. government intelligence market, is rapidly expanding its commercial business.
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These two stocks can generate significant wealth for long-term investors.
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Analysts suggest such a deal, the largest since the Kraft-Heinz merger, could unleash industry consolidation.
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Analysts holding out for the Fed to rescue the stock market might be waiting in vain
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The artificial-intelligence market is just getting started. These companies are already benefiting from it.
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(Bloomberg) -- Christine O’Reilly was with friends in Miami, when one of her biggest clients at Citigroup Inc. kept buzzing her phone.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeNew York City’s Outdoor Dining Sheds Will Start DisappearingThe 5 Coastal States That Face the Most Devastating Flood RiskParis Spent €1.4 Billion to Clean Up the Seine. Has It Worked?Africa’s Richest City Needs $12 Billion to Fix InfrastructureBenjamin Waters, a t
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AMD, SentinelOne, and Innodata are all high-growth hidden gems in the AI market.
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Intel's situation might get worse before it gets better...
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The Nasdaq has historically rebounded quickly after closing in correction territory.
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Over a half-dozen top-tier billionaire money managers shunned Nvidia in the March-ended quarter in favor of three other rapidly growing artificial intelligence (AI) stocks.
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The dividend payments you can receive from these high-yield stocks are yours to keep, regardless of a market correction.
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SoFi stock continues to drop despite an impressive second-quarter report.
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A once-silent warning from the Oracle of Omaha has now become deafening.
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(Bloomberg) -- The market wipeout that swept through equities, bonds and currencies on Monday left just a few resilient pockets relatively unscathed. Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeNew York City’s Outdoor Dining Sheds Will Start DisappearingThe 5 Coastal States That Face the Most Devastating Flood RiskParis Spent €1.4 Billion to Clean Up the Seine. Has It Worked?Africa’s Richest City Needs $12 Billion to Fix InfrastructureThe
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Warren Buffett continued to trim Berkshire Hathaway's stake in Apple in the second quarter.
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The best way to handle the stock market plunge, according to experts? Ignore the selloff and keep investing.
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(Bloomberg) -- The recent unwinding in carry trade has more room to run as the yen remains one of the most undervalued currencies, according to JPMorgan Chase & Co. Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeNew York City’s Outdoor Dining Sheds Will Start DisappearingThe 5 Coastal States That Face the Most Devastating Flood RiskParis Spent €1.4 Billion to Clean Up the Seine. Has It Worked?Africa’s Richest City Needs $12 Billion to Fix Inf
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Warren Buffett’s conglomerate Berkshire Hathaway ($BRK.B) may have shocked some over the weekend when it was disclosed that it had cut its massive Apple (AAPL) stake in half as it released its latest round of quarterly earnings results. With a massive cash mountain that’s since grown to be even more towering, there are many unanswered questions when it comes to Berkshire, Apple, and the road ahead. Despite the giant question marks, I remain bullish on Berkshire Hathaway stock. As you’d expect, t
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Wall Street analysts are almost unanimous in their view that semiconductor giant Nvidia (NVDA) will rocket higher. However, options traders apparently have a different take, placing contrarian wagers against NVDA stock. The situation has now become a matter of which narrative investors trust more. In my opinion, the market is the ultimate arbiter, and it’s not giving the warm and fuzzies over the tech juggernaut. Therefore, I am bearish on NVDA. Pessimistic NVDA Stock Wagers Go Against the Tide
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Investors said the aftershocks of a massive carry trade that has reverberated through global financial markets wasn't done yet, with more unwinding in the days ahead raising the risk of shake-outs to other assets. Concerns about the markets were exacerbated by investors winding down yen-funded trades that had been used to finance the acquisition of stocks for years after a surprise Bank of Japan rate hike last week. The so-called 'carry trade' is commonly used in currency markets where investors borrow money from economies with low interest rates such as Japan or Switzerland, to fund investments in higher-yielding assets - this time stocks - elsewhere.
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Taiwan stocks jumped on Tuesday following a record plunge a day earlier, but shed some of the gains later in the morning amid lingering concerns over the outlook for the U.S. economy and tech companies. The main index jumped more than 4% in early trade to as high as 20,640.44 points, but quickly pared those gains to be up around 1.75% at 0230. Shares in the dominant technology stock TSMC, the world's largest contract chipmaker, climbed 5.6% after jumping more than 6% in early trade.
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Shares of San Jose, California-headquartered SunPower were down about 29% at 57 cents premarket on Tuesday. A stalking horse bid is used as a starting or minimally accepted offer that other interested bidders must surpass if they want to buy the asset or the company. California-based Complete Solaria, a solar technology, services, and installation company will acquire SunPower's Blue Raven Solar business, New Homes business, and non-installing Dealer network.
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(Bloomberg) -- SunPower Corp. has filed for bankruptcy in Delaware and plans to wind down operations, ending the decades-long run of the once-venerated US solar firm.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeNew York City’s Outdoor Dining Sheds Will Start DisappearingThe 5 Coastal States That Face the Most Devastating Flood RiskParis Spent €1.4 Billion to Clean Up the Seine. Has It Worked?Africa’s Richest City Needs $12 Billion to Fix In
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(Bloomberg) -- The numbers flashing on trading screens on Monday were shocking even to market veterans. Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeNew York City’s Outdoor Dining Sheds Will Start DisappearingThe 5 Coastal States That Face the Most Devastating Flood RiskParis Spent €1.4 Billion to Clean Up the Seine. Has It Worked?Africa’s Richest City Needs $12 Billion to Fix InfrastructureIn Tokyo, the Nikkei was down 12%. In Seoul, the K
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Shares Surged More Than 12% in Extended Trading on Monday
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Japan’s benchmark Nikkei 225 index soared more than 10% early Tuesday, a day after it set markets tumbling in Europe and on Wall Street. The scary Monday started with a plunge abroad reminiscent of 1987 ’s crash that swept around the world and pummeled Wall Street with more steep losses, as fears worsened about a slowing U.S. economy. On Monday, the S&P 500 dropped 3% for its worst day in nearly two years.
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(Bloomberg) -- Japan equities are set to regain some ground after suffering the biggest hit in Monday’s global rout, which wiped out billions across markets from New York to London. US equity futures climbed in early trading.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeNew York City’s Outdoor Dining Sheds Will Start DisappearingThe 5 Coastal States That Face the Most Devastating Flood RiskParis Spent €1.4 Billion to Clean Up the Seine. Has
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(Bloomberg) -- Japanese stocks surged after their plunge into a bear market during the previous day’s trading brought them down to key technical levels. Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeNew York City’s Outdoor Dining Sheds Will Start DisappearingThe 5 Coastal States That Face the Most Devastating Flood RiskParis Spent €1.4 Billion to Clean Up the Seine. Has It Worked?What a Beautiful Bus Stop Can DoThe Nikkei 225 Stock Average a
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(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. is being touted as a “top pick” by Morgan Stanley after its shares plunged by a record Monday amid the global stock rout.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeNew York City’s Outdoor Dining Sheds Will Start DisappearingThe 5 Coastal States That Face the Most Devastating Flood RiskParis Spent €1.4 Billion to Clean Up the Seine. Has It Worked?What a Beautiful Bus Stop Can Do“We like
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(Bloomberg) -- US stock futures rose, as dip buyers emerged after global equities witnessed a three-day selloff amid concerns of a possible slowdown in the world’s largest economy and extreme valuations in the technology sector.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeNew York City’s Outdoor Dining Sheds Will Start DisappearingThe 5 Coastal States That Face the Most Devastating Flood RiskParis Spent €1.4 Billion to Clean Up the Seine. H
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This blue chip snacking behemoth promises added stability to any portfolio. Now, it also offers its highest dividend yield in over a decade.
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(Bloomberg) -- Nvidia Corp. hit engineering snags in the development of two new advanced chips, slowing the release of some products designed to extend its lead in the market for artificial intelligence computing.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeNew York City’s Outdoor Dining Sheds Will Start DisappearingThe 5 Coastal States That Face the Most Devastating Flood RiskParis Spent €1.4 Billion to Clean Up the Seine. Has It Worked?Wh
( 67
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This technology ETF holds some of the world's leading artificial intelligence stocks, and it's crushing the return of the S&P 500.
( 69
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These three tantalizing stocks have hit a speed bump over the past year, but the future remains bright.
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Kun jij het grote publiek op een toegankelijke manier op de hoogte brengen van het laatste economische nieuws en daarbij benadrukken wat de impact is op de portemonnee van lezers? Kom dan de economieredactie van NU.nl versterken.
( 1
min )
Kun jij het grote publiek op een toegankelijke manier op de hoogte brengen van het laatste economische nieuws en daarbij benadrukken wat de impact is op de portemonnee van lezers? Kom dan de economieredactie van NU.nl versterken.
( 1
min )
Het van televisie bekende klusbedrijf Vloerloods is dinsdag failliet verklaard door de rechtbank in Overijssel. Vakbond CNV had het faillissement aangevraagd namens gedupeerde werknemers die intussen al maanden zonder salaris zitten.
( 1
min )
De Amerikaanse bouwmachinefabrikant Caterpillar heeft het afgelopen kwartaal minder machines verkocht. Hierdoor viel de omzet 4 procent lager uit dan een jaar eerder.
( 1
min )
Een relmuis heeft in de nacht van maandag op dinsdag een stroomstoring veroorzaakt op de luchthaven van Frankfurt. Het dier had aan een kabel in een middenspanningsstation geknaagd waardoor kortsluiting ontstond, meldt energiebedrijf Syna.
( 1
min )
Rabobank maakte in de eerste helft van 2024 meer winst. Dat kwam onder meer door een toename van de verdiensten via het uitlenen van spaargeld. De bank weet daar nog steeds meer geld mee te verdienen, ondanks dat de ECB onlangs is gestart met het verlagen van de rente.
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Techbedrijf Google heeft in de Verenigde Staten de wet overtreden door een illegaal monopolie op te zetten. Het bedrijf investeerde miljarden dollars om 's werelds standaardzoekmachine te worden. Ook is Google zeer dominant op de online advertentiemarkt.
( 1
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Zalando heeft in het afgelopen kwartaal voor 3,8 miljard euro aan kleding, schoenen en andere artikelen verkocht. Dat is bijna 3 procent meer dan vorig jaar. Vooral meer sportartikelen gingen over de digitale toonbank, doordat kopers zich laten inspireren door sportevenementen.
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De Japanse aandelenbeurs veert dinsdag weer op na de schok van maandag. De hoofdindex Nikkei met de meest verhandelde aandelen is met ongeveer 8,9 procent gestegen. Dat is een behoorlijk herstel na de slechtste beursdag in 37 jaar tijd.
( 1
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Dat consumentenprijzen in juli met 3,7 procent opliepen, komt voor een groot deel door hogere huren en duurder tabak. Dat blijkt uit de definitieve inflatiecijfers van statistiekbureau CBS. Prijzen aan de pomp hadden juist een remmend effect op de inflatie.
( 1
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Intel stock sank to a new low on Monday, and the company has a lot of proving to do.
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(Bloomberg) -- Palantir Technologies Inc.’s stock jumped in extended trading after the company raised its annual outlook, citing continuing demand for its artificial intelligence software.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeThe 5 Coastal States That Face the Most Devastating Flood RiskParis Spent €1.4 Billion to Clean Up the Seine. Has It Worked?New York City’s Outdoor Dining Sheds Will Start DisappearingWhat a Beautiful Bus Stop C
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Nvidia is the poster child for AI chips, but many competitors are emerging.
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Investors tend to buy a stock for two main reasons: capital appreciation and dividend yield. Those holding Intel (NASDAQ:INTC) may be disappointed on both counts. The stock is down over 55% during the past five years. Intel previously had a dividend ...
( 68
min )
Both of these stocks are experiencing problems, but one's are deep-rooted, while the other's look transitory.
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(Bloomberg) -- The numbers flashing on trading screens on Monday were shocking even to market veterans. Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeThe 5 Coastal States That Face the Most Devastating Flood RiskNew York City’s Outdoor Dining Sheds Will Start DisappearingParis Spent €1.4 Billion to Clean Up the Seine. Has It Worked?What a Beautiful Bus Stop Can DoIn Tokyo, the Nikkei was down 12%. In Seoul, the Kospi sank 9%. And when the op
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Intel shares dropped Monday, extending losses after last week's disappointing quarterly earnings report as analysts questioned whether the chipmaker's cost-cutting plans will be enough to drive a recovery.
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It's nail-biting time on Wall Street. Stocks had been dropping at worrisome rates for several days, but on Monday things went from concerning to panicky.
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Deals include one with tech giant Microsoft, which announced last month that it will use Lumen's network equipment to expand its capacity for AI workloads. Lumen, which provides secure digital connections for data centers, said on Monday that it is involved in active discussions with customers to secure sales opportunities worth an additional $7 billion. Lumen said that major corporations are rushing to secure high-capacity fiber, a resource that is becoming increasingly valuable and potentially scarce, due to growing AI requirements.
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The data analytics company also forecast third-quarter sales above estimates and reported its largest ever quarterly profit, in the April-to-June period, CEO Alex Karp said in a letter to shareholders. Its AI platform, used to test, debug code and evaluate AI-related scenarios, has enabled Palantir to tap into the surging demand for services that help companies develop generative AI technology. The company co-founded by billionaire Peter Thiel now expects annual revenue between $2.74 billion and $2.75 billion, compared with $2.68 billion to $2.69 billion expected earlier.
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Former President Donald Trump has pointed fingers at the current U.S. leadership for the global stock market sell-off. What Happened: Trump took to his social media platform Truth Social to express his views on the stock market’s downturn. He ...
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Adjusted earnings for the quarter were $0.87 billion (CAD 1.2 billion), or $0.42 (CAD 0.58) per common share.
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An unlikely catalyst half a world away helped spark a wide-ranging sell-off.
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Rising fears of a US recession, Japan's decision to raise interest rates and August volatility are all factors behind the stock market sell-off.
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Grant Cardone, a popular motivational speaker, social media influencer and real estate investor, recently sparked controversy with his remarks on income levels. In a YouTube short titled "Earning $400,000 a Year is Embarrassing," Cardone boldly claimed, "If I made $400 grand a year, I would be embarrassed with myself as a husband, a father, basically as a human being. $400 grand. How do you make sense of $35,000 a month? You guys haven't done the math. You have not done the math because you cann
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Worried about a slowing U.S. economy, investors sent the market in Japan to its worst day in decades and have sliced billions in market value off some of the world's biggest technology companies. For most of the year, investors worldwide drove stock markets higher, convinced that central banks were successfully, if haltingly, getting inflation under control, and buoyed by a healthy U.S. economy and the promise of artificial intelligence. In mid-July, the S&P 500, Nasdaq composite and Japan’s Nikkei 225 had risen to all-time highs.
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These are the upcoming stock splits for the week of August 5 to August 9, based on TipRanks’ Stock Splits Calendar. A stock split is a corporate action in which the company issues additional common shares to increase the number of outstanding shares. Accordingly, the stock price of the company’s shares decreases, which maintains the market capitalization before and after the split. In contrast, there are also reverse stock splits that reduce the number of outstanding shares (consolidate). In thi
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(Bloomberg) -- Longtime market and economy watcher Ed Yardeni said that the current global equities selloff bears some similarity to the 1987 crash, when the economy averted a downturn despite investor fears at the time.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeParis Spent €1.4 Billion to Clean Up the Seine. Has It Worked?What a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seek
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During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the ...
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As global markets plunged overnight, U.S. markets are feeling the impact. But does that mean we're heading into a recession?
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If you are one of those amateur investors who checks your 401(k) balance at every meal, today might be a good day to fast.
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Rudy Giuliani's financial situation has been a topic of much speculation since he filed for bankruptcy after a judge ruled last December that he owed $148 million in damages to two former Georgia election workers. Giuliani claimed to have assets between $1 million and $10 million against debts totaling an estimated $152 million. Despite this, the exact amount of his net worth remains uncertain. Don't Miss: The average American couple has saved this much money for retirement — How do you compare?
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Several online brokerage firms including Charles Schwab, Fidelity and Vanguard appeared to be down for thousands of users early Monday during one of the biggest stock markets sell-offs of 2024. “Due to a technical issue, some clients may have difficulty logging in to Schwab platforms,” Charles Schwab wrote on social media platform X Monday morning. Fidelity and Vanguard did not immediately return requests for comment Monday from The Associated Press.
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(Bloomberg) -- Charles Schwab Corp. and other retail brokerage users reported outages as a global stocks selloff surged when trading in the US market opened on Monday.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake a Thirsty MegacityUber and Lyft Strike NYC Deal to Scale Back Driver LockoutsMore than 14,000 users repo
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Discover the harsh realities behind this company's decline and what it means for investors.
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Chinese EV stocks Nio Inc (NYSE:NIO), XPeng Inc (NYSE:XPEV), and Li Auto Inc (NASDAQ:LI) are trading lower Monday after reports indicated the U.S. Commerce Department’s plans to ban Chinese software in autonomous and connected vehicles. Tesla Inc (NASDAQ:TSLA) is also trading lower by over 8% Monday. The U.S. government is weighing a prohibition on Chinese software in U.S. vehicles with Level 3 automation and above, banning the testing of autonomous vehicles produced by Chinese companies on U.S.
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Advanced Micro Devices is going after Nvidia in the data center, but it already leads another segment of the fast-growing artificial intelligence (AI) industry.
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(Bloomberg) -- As the selloff in global stocks intensified Monday, JPMorgan Chase & Co.’s trading desk said the rotation out of the technology sector might be “mostly done” and the market is “getting close” to a tactical opportunity to buy the dip.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake a Thirsty MegacityUber
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Tesla Inc. (NASDAQ:TSLA) and SpaceX CEO Elon Musk has commented on Warren Buffett-led Berkshire Hathaway, Inc.‘s (NYSE:BRK) (NYSE:BRK) decision to sell about half its stake in Apple Inc. (NASDAQ:AAPL). What Happened: Over the weekend, a user on X, formerly Twitter, shared the news of Berkshire accumulating a cash reserve of almost $277 billion on the platform. Don't Miss: A billion-dollar investment strategy with minimums as low as $10 — you can become part of the next big real estate boom today
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NASDAQ, Dow Jones and other stock indexes are set to open sharply lower after global markets plunged overnight amid investor fears about U.S. economy.
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min )
These classic food brands are paying high yields -- a rare opportunity for income investors.
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(Bloomberg) -- The Federal Reserve should make a 75 basis-point emergency cut to its funds rate, followed by another of the same magnitude at its September meeting, Wharton School Professor Jeremy Siegel said.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake a Thirsty MegacityUber and Lyft Strike NYC Deal to Scale Back
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High-performing shares of Alphabet, Amazon, Meta Platforms, Microsoft and Tesla fell as much as 12.2% in premarket trading. Chip stocks, the big winners of Wall Street's picks and shovels trade for AI, also tumbled, with Advanced Micro Devices, Intel, Super Micro Computer and Broadcom falling as much as 10.3%.
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AI stock prices are suddenly falling. Here's how to take advantage of the sell-off.
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Find the latest HireQuest, Inc. (HQI) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
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News of the day for August 5, 2024
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Find the latest 3M Company (MMM) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
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min )
Find the latest Cboe Global Markets, Inc. (CBOE) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 46
min )
U.S. Treasury yields tumbled on Monday as traders moved to price in big rate cuts from the Federal Reserve, after weak jobs data stoked worries that the U.S. economy could be heading for a recession. The two-year U.S. Treasury yield, which is sensitive to Fed rate expectations, dropped to 3.691% in European trading, its lowest since May last year. It was last down 10 basis points (bps) at 3.77%.
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Managing your taxes can be one of the most complex aspects of estate planning and a new IRS rule change continues that trend. The rule, published at the end of March, changes how the step-up in basis applies to assets held in an irrevocable trust. If you need help interpreting the IRS rule change or setting […] The post Want to Leave Assets to Heirs? IRS Rule Change Should Have You Rethinking Your Irrevocable Trust appeared first on SmartReads CMS - SmartAsset.
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Find the latest T-Mobile US, Inc. (TMUS) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
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Learn how to turn a stock market sell-off into your advantage.
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Shares of this industry leader have lost investors money in the past five years.
( 68
min )
Rate cuts are likely to spark a rotation in the stock market. Here's how to capitalize on it.
( 68
min )
It's not all about "Magnificent Seven." These three under-the-radar bargains are potential market-beaters hiding in plain sight.
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Recent market pressure could worsen, but that won't stop these successful businesses from raising their dividend payouts.
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This midstream leader checks off several boxes.
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Now could be a great time for income investors to scoop up these stocks.
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It's time to be greedy with these Nasdaq stocks while other investors are fearful.
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Why did the stock price drop so much?
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The Oracle of Omaha has sold shares of Bank of America stock for 12 consecutive sessions, and it likely speaks to a bigger problem on Wall Street.
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Expectations are high for Nvidia's Aug. 28 earnings report after the company posted triple-digit growth over the last year.
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Three of Wall Street's top-performing stock-split stocks may soon come crashing back to reality.
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The underdog chipmaker still has a bright future.
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The stocks have underperformed in 2024, but they all have great long-term growth prospects and investors should look at buying them on a dip.
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Nvidia earlier said it expects revenue from Blackwell as soon as this year.
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min )
Leading energy companies have improved their balance sheets and are raising their dividends.
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(Bloomberg) -- A global equity selloff gripped emerging markets Monday as shares in the technology hubs of Taiwan and South Korea plunged, leading the broad MSCI benchmark for the asset class down by the most in more than two years.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake a Thirsty MegacityUber and Lyft Strike
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min )
(Bloomberg) -- The shares of Apple Inc.’s suppliers slumped after Berkshire Hathaway Inc. nearly halved its stake in the iPhone maker. The decline came amid a broad market selloff Monday.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake a Thirsty MegacityUber and Lyft Strike NYC Deal to Scale Back Driver LockoutsTaipei-
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min )
(Bloomberg) -- Asian markets are poised for losses on Monday as fears of a deeper economic slowdown unnerve traders also bracing for more volatility from rising tensions in the Middle East. Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake a Thirsty MegacityUber and Lyft Strike NYC Deal to Scale Back Driver LockoutsUS f
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(Bloomberg) -- Taiwan’s benchmark stock index plunged by a record, as the tech-heavy gauge took the brunt of a selloff triggered by fear of a deeper US economic slowdown.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake a Thirsty MegacityUber and Lyft Strike NYC Deal to Scale Back Driver LockoutsThe Taiex gauge ended 8.
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(Bloomberg) -- Turmoil in Japan’s financial markets intensified Monday as the yen extended its rebound against the dollar to almost 13% from July’s low and stocks headed for a bear market. Yields on benchmark Japanese government bonds tumbled by the most in two decades. Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake
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Japan’s Nikkei 225 share index plunged 8.1% on Monday on heavy selling triggered by worries the U.S. economy may be in worse shape than had been expected. The Nikkei index was down more than 2,900 points at 32,991.88 by midafternoon Monday in Tokyo. Share prices have fallen in Tokyo since the Bank of Japan raised its benchmark interest rate on Wednesday.
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(Bloomberg) -- Asian stocks tumbled at the start of a new week as fears of a deeper US economic slowdown and rising tensions in the Middle East prompted investors to shun risk assets.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake a Thirsty MegacityA Radical Fix for Britain’s Housing Crisis: A New Offshore CityEquity
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(Bloomberg) -- The swift downturn in the Japanese stock market likely triggered a massive wave of forced selling among retail investors, deepening the rout.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake a Thirsty MegacityA Radical Fix for Britain’s Housing Crisis: A New Offshore CityThe Topix index plunged more than
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(Bloomberg) -- Japan’s equity rout entered a third day as weak US jobs data added another blow to global investor confidence that is already fragile from the surge in the yen, higher interest rates and tensions in the Middle East. Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake a Thirsty MegacityA Radical Fix for Brit
( 67
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(Bloomberg) -- A stocks selloff worsened on Monday as concerns grew that the Federal Reserve will delay acting on a slowing US economy. Japanese shares plunged for a third day as traders priced in more domestic rate hikes.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake a Thirsty MegacityA Radical Fix for Britain’s Hou
( 68
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Japan's benchmark Nikkei 225 stock index plunged 6.7% Monday, extending sell-offs that began last week. The Nikkei had shed more than 2,400 points to 33,488.08 about a half-hour after opening. Stocks tumbled Friday on worries the U.S. economy could be cracking under the weight of high interest rates meant to whip inflation.
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Google violated antitrust laws by maintaining an illegal monopoly in search, a federal judge ruled Monday.
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San Francisco Fed President Mary Daly said that the labor market is in a slowdown and that interest rate cuts were likely to come, though she didn't comment on possible timing or size.
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Recent Weakness May Have Presaged Monday's Pullback in Stocks
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The S&P 500 dropped 3% on Monday, Aug. 5, 2024, as concerns about the U.S. economy after Friday's weaker-than-expected jobs report spilled over into the new trading week.
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Investors who bet big on tech stocks rebounding from a tough July are seeing their money evaporate in the current meltdown.
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The U.S. tech sector took a massive hit Monday, with the so-called Magnificent Seven stocks extending a weeks-long slide that has erased nearly $3 trillion in cumulative market value.
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Palantir shares jumped in extended trading Monday after the company reported better-than-expected quarterly results and lifted its full-year guidance on strong demand for its artificial intelligence platform.
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Intel shares dropped Monday, extending losses after last week's disappointing quarterly earnings report as analysts questioned whether the chipmaker's cost-cutting plans will be enough to drive a recovery.
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Episode 199 of the Investopedia Express podcast with Caleb Silver (August 5, 2024)
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Data released Monday showed that the U.S. services sector grew more than expected in July, boosted by increased hiring and more new orders. The numbers Monday stand in contrast to recent weak economic readings on manufacturing and the labor market.
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Elon Musk filed a new lawsuit against ChatGPT maker OpenAI and its CEO Sam Altman, accusing them of deceiving Musk and abandoning the non-profit's mission.
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Super Micro Computer reports fiscal fourth-quarter earnings on Tuesday, with investors likely watching for signs of strong artificial intelligence (AI) demand and updates on the server maker's Nvidia partnership.
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A federal judge signed off on the bankruptcy of the former owner of the failed Silicon Valley Bank, SVB Financial Group.
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The risk of a U.S. recession in 2025 remains limited but the odds are rising, according to Goldman Sachs analysts who now a 25% chance of one.
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Shares of The Carlyle Group dropped in intraday trading Monday after the private-equity firm reported lower-than-expected distributable earnings.
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Fund managers were more likely to pick a winning stock in July than at any other point in the last 20 years, and yet most didn’t, according to data from Bank of America Securities.
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Bitcoin briefly plummeted below $50,000 Monday as U.S. economic fears spread the market rout beyond stocks, leading to about $1.2 billion in crypto liquidations over the past 24 hours.
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Chicago Fed President Austan Goolsbee told CNBC that the Federal Reserve would respond if economic or financial conditions deteriorate, though he sidestepped questions on how soon or deep the interest rate cuts might be.
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U.S. equities plunged at midday Monday, extending their sell-off on worries about the U.S. economy following last week’s weaker-than-expected jobs report.
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American Depositary Receipts (ADRs) of Chinese electric vehicle makers Nio and Li Auto fell Monday following indications the U.S. will ban the use of Chinese software in autonomous and connected vehicles in the coming weeks.
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Warren Buffett's Berkshire Hathaway revealed over the weekend that it reduced its stake in Apple by nearly 50% during the second quarter.
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Clients of Fidelity and Charles Schwab faced issues logging in and placing trades on their brokerage platforms Monday as the sell-off in stocks intensified.
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Freshpet narrowed its second-quarter loss and posted better-than-expected sales as demand for its specialty pet food rose.
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Nvidia shares tumbled Monday after reports that its next-gen artificial intelligence chip launch will be delayed, amid a global sell-off fueled by worries about the U.S. economy.
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BioNTech posted a much bigger-than-expected second-quarter loss Monday as demand for COVID-19 vaccines slid following the ending of the pandemic.
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Tyson Foods reported better third-quarter revenue than analysts had expected Monday as the packaged foods giant saw beef and pork sales rise year-over-year.
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One measure of stock market volatility surged to its highest level since the early days of the Covid-19 pandemic on Monday morning as stocks across the globe continued to suffer big losses.
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Kellanova shares are jumping in premarket trading Monday on a report that candy giant Mars is in advanced talks to buy the maker of Pop-Tarts and Pringles in what could be one of the biggest M&A deals this year.
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CrowdStrike has informed Delta Air Lines that the cybersecurity company doesn't believe it's responsible for the carrier's handling of last month's global IT outage following a software update that led Delta to cancel thousands of flights.
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The global markets sell-off is deepening amid worries about the U.S. economy, extending losses late last week on worries that the country may be heading to a major slowdown.
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News of the day for August 5, 2024
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Futures Tied to the Nasdaq 100 Down More Than 4% on Monday
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Bitcoin Suffers Largest Weekly Decline Since November 2022
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Wie op zoek is naar een studentenkamer, moet in veel steden nog dieper in de buidel tasten dan vorig jaar. Vooral in Breda en Zwolle zijn de prijzen hard opgelopen, met stijgingen van bijna 30 procent. Ondertussen is het aanbod van kamers verder gedaald.
( 1
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CEO Austan Goolsbee van de Federal Reserve (Fed) in Chicago benadrukt maandag dat als de Amerikaanse economie verslechtert, de centrale bank het zal "oplossen". Hij merkte op dat de huidige rentetarieven mogelijk te beperkend zijn.
( 1
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Bij Infineon verdwijnen door een reorganisatie zeker veertienhonderd banen. Daarnaast zoekt de Duitse chipfabrikant voor veertienhonderd werknemers een plek elders in het bedrijf.
( 1
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Transavia vliegt de hele zomer niet van en naar Libanon, meldt de luchtvaartmaatschappij maandag. Eerder besloot het alle vluchten naar hoofdstad Beiroet tot en met 7 augustus te schrappen, omdat spanningen in de regio waren opgelopen.
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Hugo Boss heeft zijn Russische bezittingen verkocht aan handelspartner Stockmann, zo heeft het modebedrijf maandag bekendgemaakt. Hoeveel geld met de deal is gemoeid, is niet naar buiten gebracht.
( 1
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Drankenconcern Lucas Bols, bekend van merken als Pisang Ambon, Coebergh en likeuren onder de eigen naam, wordt op 2 september van de beurs gehaald. Bols is onlangs overgenomen door het eveneens Nederlandse Nolet.
( 1
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Het Amerikaanse ministerie van Handel komt naar verwachting met een ban op het gebruik van Chinese software in zelfrijdende en andere auto's met een internetverbinding. Dat meldt persbureau Reuters op basis van bronnen die bekend zijn met het dossier.
( 1
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PostNL zegt grote moeite te hebben de kwaliteit van de postbezorging op niveau te houden. Mensen en bedrijven versturen steeds minder brieven en het postbedrijf kijkt daarom naar Den Haag voor financiële hulp.
( 1
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PostNL zegt grote moeite te hebben de kwaliteit van de postbezorging op niveau te houden. Mensen en bedrijven versturen steeds minder brieven en het postbedrijf kijkt daarom naar Den Haag voor financiële hulp.
( 1
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De koersen van bitcoin en ether, de twee grootste cryptomunten ter wereld, zijn maandag gezakt naar de laagste niveaus sinds de eerste maanden van dit jaar. Dit komt doordat veel beleggers zoeken naar veilige beleggingen, uit vrees voor een recessie in de Verenigde Staten.
( 1
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(Bloomberg) -- Bitcoin is under pressure from a bout of risk aversion in global markets that saddled the largest digital asset with its heftiest weekly loss since the collapse of the FTX exchange in 2022.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake a Thirsty MegacityA Radical Fix for Britain’s Housing Crisis: A New
( 67
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In an episode of The Ramsey Show, Dave Ramsey addresses a caller, Diana, about her car troubles and financial decisions regarding vehicle maintenance and potential purchase. Dave adamantly told Diana, "If you want to be middle class the rest of your whole life, keep a car payment. Mathematically, it’ll just hold your butt right there, it’ll just keep you from succeeding, it’ll keep you from prospering." Don't Miss: The average American couple has saved this much money for retirement — How do you
( 68
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Major share indices were deep in the red in Asia on Monday as fears the United States could be heading for recession triggered mass risk aversion and wagers interest rates will have to fall sharply, and quickly, to support growth. Investors stared where they finished on Friday by knocking Nasdaq futures down 1.28%, while S&P 500 futures dropped 0.79%. Treasury futures were off 5 ticks, but that followed a huge rally on Friday where yields dived 18 basis points to the lowest since November.
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AT&T's stock is doing well this year, but there's still plenty of room for the rally to continue.
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Capital Economics said a recession is unlikely and growth will even reaccelerate after a soft patch in the second half of this year.
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Warren Buffett-led Berkshire Hathaway, Inc.‘s (NYSE:BRK) (NYSE:BRK) second-quarter 10-Q report filed with the SEC showed that the investment holding company’s cash position swelled to $277 million. The cash buildup sent social media into a tizzy, with some Tesla, Inc. (NASDAQ:TSLA) fans fervently hoping that the investment guru would divert some of it into the electric-vehicle maker’s stock. What Happened: “Buffett is a value investor. $TSLA is a growth stock,” said The Future Fund LLC Managing
( 67
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Nvidia and Amazon could be smart buys for long-term growth in the AI revolution.
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(Bloomberg) -- Bond traders are piling into bets that the US economy is on the verge of slowing so quickly that the Federal Reserve will need to start easing monetary policy aggressively to head off a recession.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake a Thirsty MegacityA Radical Fix for Britain’s Housing Crisis
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It isn't easy earning the title of Dividend King. It's even more impressive, and interesting, when a company does it in a cyclical industry.
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The AI chip market leader may not be as dominant as initially thought.
( 68
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Berkshire Hathaway‘s (NYSE:BRK) (NYSE:BRK) 10-Q report for the second quarter showed the Warren Buffett-led firm significantly reducing its stake in tech giant Apple, Inc. (NASDAQ:AAPL). What Happened: Berkshire said the fair value of its Apple holding at the end of the second quarter was $84.2 billion, down about 38% from $135.4 billion at the end of the first quarter. Looking at the reduction from the perspective of number of shares, the math works as follows: Berkshire had 789.37 million shar
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These companies became titans by dominating a single industry, but they're now expanding and seeing success in other areas.
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(Bloomberg) -- To some, Berkshire Hathaway Inc.’s gutting of its Apple Inc. stake could be interpreted as a lack of conviction in the iPhone maker’s growth story. But many on Wall Street are urging investors to look past the news and stay calm.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake a Thirsty MegacityA Radical
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Enbridge has everything it needs to continue supplying investors with a steadily rising income stream.
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If you're investing cash this summer, there are so many compelling options to choose from now.
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Yes, Buffett loves dividends.
( 67
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Ford is suffering from underwhelming Q2 results coupled with a tepid industry forecast for the second half of the year.
( 67
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These Vanguard funds could benefit from two key tailwinds this month.
( 68
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Donald Trump‘s plan to eliminate taxes on Social Security benefits has raised concerns among certain think tanks. They warn that such a move could potentially shorten the lifespan of Social Security and Medicare programs, contradicting Trump’s campaign promise to shield these programs from cuts. Don’t Miss: The average American couple has saved this much money for retirement — How do you compare? Can you guess how many retire with a $5,000,000 nest egg? – How does it compare to the average? This
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These REITs should supply me with growing streams of passive income.
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The S&P 500 plunged on Friday after a weak jobs report intensified concerns that the Federal Reserve’s decision to maintain rates at a two-decade high could lead to a deeper economic slowdown. Nevertheless, conventional wisdom anticipates that the Fed will begin cutting rates in September. In fact, Fed-funds futures now suggest a 71.5% probability of a double rate cut (50 basis points) at the Federal Open Market Committee’s September meeting. This marks a significant increase from the 22% probab
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(Bloomberg) -- The violent stock market selloff last week triggered by fears that the Federal Reserve missed its chance to help a faltering US economy ended one rotation trade and may have started another, leaving investors guessing where equities go from here.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake a Thirsty
( 68
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Public Storage has been buying back its attractively valued stock.
( 68
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The company's recent earnings were far more impressive than its 9% revenue growth implies.
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These outstanding businesses are worth buying hand over fist right now.
( 68
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Elon Musk had some frank words for investors during the second-quarter earnings call.
( 68
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A selloff that rocked equity markets around the world is clouding the outlook for investors looking to buy stocks on the cheap, as worries over the U.S. economy and disappointing tech earnings threaten more losses ahead. A two-day rout late last week left the S&P 500 nearly 6% from its July peak while the tech-heavy Nasdaq Composite extended losses to notch its first 10% correction from a record high since early 2022. Equities plunged in Europe and Asia as well, with Japan’s Nikkei index losing nearly 5% for the week.
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Imagine evenings spent on a sandy beach, weekends filled with family gatherings and afternoons engaged in hobbies. This or a number of other scenarios could be your retirement life. However, if you’re not properly prepared for taxes then it might end up taking more than you planned for from your fixed income. Luckily, the federal […] The post Common Tax Breaks for Retirees appeared first on SmartReads by SmartAsset.
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A recent study by BlackRock and Human Interest reveals an eye-catching gap in retirement savings between workers with access to employer-sponsored retirement plans and those without. The data shows that median-income employees lacking workplace retirement benefits saved one-eighth as much as those with employer-sponsored retirement plans. And by the time they retire, these workers could […] The post BlackRock Says Workers Without This May Lose Out on Almost $625,000 in Retirement Savings appeare
( 68
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The biotech recently became a commercial-stage company.
( 68
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ConocoPhillips' strategy is paying big dividends for investors.
( 21
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After Palantir's outsized success over the past 18 months, there's a better buying opportunity today.
( 68
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Nvidia shares have slipped in recent weeks after enormous earlier gains.
( 67
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Nvidia has not finalised the delivery time for its latest chip designed to comply with Washington's export restrictions for China amid a potential escalation of sanctions that could derail roll-out plans, industry sources said. The California-based chip giant has developed the B20 for Chinese customers, which is a downgraded version of its most powerful Blackwell B200 graphics processing unit (GPU) launched in March, according to two sources, including one person with direct knowledge of the mat
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Ramping Meteor Lake has been costly, and Lunar Lake will be a drag on profits next year.
( 68
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The tech-centric index is taking a break from its relentless run, but some stocks in the Nasdaq have much further to climb, according to Wall Street.
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We haven't seen this pronounced of a move in the U.S. money supply in 90 years.
( 70
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Demand for data center services is rising along with the popularity of artificial intelligence.
( 67
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This biotech company's promising pipeline could result in multibillion-dollar revenue.
( 68
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I just added another utility to my portfolio. I was done in this sector until I saw this high-yield stock and it was too good to pass up.
( 68
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Despite recession fears, be prepared for the AI spending boom to continue.
( 69
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Consumer staples companies generally tend to be resilient during challenging macroeconomic times. This is because they sell products that are considered essential for daily life. Using TipRanks’ Stock Comparison Tool, we placed Walmart (WMT), Costco (COST), and Coca-Cola (KO) against each other to find the best consumer staples stock, according to Wall Street analysts. Walmart (NYSE:WMT) Shares of big-box retailer Walmart have rallied about 30% so far this year. WMT impressed investors with its
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Shake Shack's sales surged this year, boosting its stock price, while some of its burger-selling competitors like McDonald's and Wendy's struggled as customers pulled back—here's why.
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Coming Up: Services Sector Data and Earnings from Eli Lilly, Disney, Uber, Palantir, and More
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De nieuwe regering van het Verenigd Koninkrijk gaat op 14 oktober een internationale top houden om buitenlandse investeringen aan te trekken. Premier Keir Starmer van de Labour Party zal daarbij zo'n driehonderd zakenmensen bijeenbrengen.
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De woningbouw komt steeds meer in de knel door het overvolle stroomnet. Kunnen we dat probleem oplossen door wijken te bouwen die helemaal onafhankelijk zijn van het elektriciteitsnet? Netbeheerder Liander onderzoekt dat samen met gemeenten, architecten en woningbouwers.
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ChargePoint's stock price has absolutely spiraled lower over the past three years, but a change in strategy could reverse its course.
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Why this is good news for investors.
( 62
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It's usually a good idea to buy semiconductor stocks when their sales are about to hit a cyclical bottom.
( 68
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Berkshire Hathaway has a $7.2 billion stake in this insurance titan.
( 68
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A long track record of success could help drive this artificial intelligence (AI) hardware specialist to new heights.
( 69
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Here's the case for why this "steady-Eddie" investment is still worth buying -- even near all-time highs.
( 69
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Which stock is a better bargain today?
( 68
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Warren Buffett's Berkshire Hathaway cut its Apple holding by around half, to $84.2 billion, according to an SEC filing. While Apple remains the firm's largest stock holding by far, Buffett had already reduced its stake by 13 percent earlier this year, hinting that he didn't mind selling "a little Apple" for tax reasons. Berkshire Hathaway made huge profits on the sale, according to calculations by The Financial Times; Buffett had largely avoided tech investments before beginning to buy Apple stock in 2016.
( 66
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Warren Buffett, one of the most successful dividend investors in history, owes much of his financial success to a simple yet powerful strategy: dividend reinvestment programs (DRIP). This approach leverages the power of compounding by reinvesting ...
( 67
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After a monumental run, the booming beverage business is taking a breather.
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"Investors should stop talking about buying the dip and start asking about selling recoveries."
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Warren Buffett-led Berkshire Hathaway, Inc. (NYSE:BRK) (NYSE:BRK) reported second-quarter net earnings on Saturday that fell year-over-year as a decline in investment gains more than offset an increase in operating earnings. The company's offloading ...
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With an average yield above 7% at recent prices, these stocks could give your passive income stream a big boost.
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The Boeing Company (NYSE:BA) is set to report its Q3 2024 earnings on October 23. Wall Street analysts expect the company to post an EPS of ($0.02), up from ($3.26) in the year-ago period. Quarterly revenue is expected to be $19.45 billion, up from ...
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Warren Buffett's Berkshire Hathaway updated investors on its second-quarter financial results Saturday, revealing its cash pile rose to a record high as it made more cuts to its stake in Apple, while its operating profit surged as its insurance underwriting business made gains, and more.
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Costco may have the cheapest gas in town. But here's why filling up at Costco isn't as awesome an experience as you might expect.
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Investors get a growing stream of income with this dividend stock with much less work than owning real estate.
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These high-yielding dividend stocks can supply a tangible return during a market downturn.
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“She was paying over $1,000 a month to rent an apartment.”
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It delivered another blowout quarter, but the stock fell.
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These are once-in-a-decade buying opportunities.
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Cyclicality has hit this fun-loving business. However, with the stock now down 50% and paying a 4.7% dividend, investors might want to consider snapping up a few shares.
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Warren Buffett's Berkshire Hathaway (NYSE:BRKa) was aggressively cutting his exposure to equities in the second quarter, new filings showed.
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By investing in top tech stocks, you can put yourself in a good position to beat the market.
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Investor Warren Buffett 's company recorded a $47 billion gain on stock sales during the second quarter as he slashed Berkshire Hathaway's massive Apple stake, but a drop in the paper value of its remaining investments drug down earnings despite improvements in the myriad companies it owns. Selling off a big chunk of its Apple holdings was the quarter's biggest news — Buffett once called the company's stake in the iPhone maker a pillar of Berkshire’s business that he intended to hold indefinitely. The other major investment moves Buffett made during the quarter included continued cuts to its investment in Chinese EV maker BYD and selling off some of its Bank of America stock.
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Income-seeking investors certainly have this company on their radar.
( 67
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These software stocks are leaders in their spaces and are leveraging artificial intelligence to stay ahead.
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(Bloomberg) -- Berkshire Hathaway Inc.’s cash pile hit a record $276.9 billion in the second quarter as billionaire Warren Buffett continues to hold off on acquisitions until he sees favorable opportunities. Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeValencia Follows Barcelona in Crackdown on Short-Term RentalsWhat a Beautiful Bus Stop Can DoA Vast Wetland Park Seeks to Slake a Thirsty MegacityUber and Lyft Strike NYC Deal to Scale Back D
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Warren Buffett appears to have soured on stocks, letting cash at Berkshire Hathaway soar to nearly $277 billion even as the conglomerate posted a record quarterly profit from its dozens of operating businesses. The $276.9 billion cash stake as of June 30 soared from $189 billion, in part because Berkshire sold another large portion of its stake in Apple. Second-quarter operating profit rose 15% to $11.6 billion, or to about $8,073 per Class A share, from $10.04 billion a year earlier, with nearly half coming from underwriting and investments in Berkshire's insurance businesses.
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Nvidia's stock may soar even higher after its second-quarter earnings report.
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Buffett buys good companies when they are temporarily out of favor, like when he bought Bank of America stock. TD Bank offers a similar opportunity.
( 68
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While a look at the headlines in financial news or a peek at your brokerage account could inspire panic, here's what experts recommend you do instead to make the most of this downtrend.
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It's not hard to envision how all three of these stocks can deliver exceptional growth.
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I’d like to ask about the backdoor Roth IRA. Say you are over the income limit for Roth contributions, so you make a traditional contribution with no tax deduction and then do a backdoor Roth. Is that conversion taxable? If so, you would be paying tax on that money twice since you paid tax on […] The post Ask an Advisor: Is a Backdoor Roth Conversion Taxable Even If I Didn’t Take a Deduction on My IRA Contributions? appeared first on SmartReads by SmartAsset.
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Managing your money properly in retirement is critical for ensuring that it lasts as long as you do. For example, imagine you have $1.3 million in a 401(k) before age 60. While this is a considerable amount, a 4% withdrawal rate would only generate $52,000 per year. You’d also run the risk of running out […] The post I'm 59 With $1.3 Million in a 401(k). How Do I Make Sure This Money Lasts the Rest of My Life? appeared first on SmartReads by SmartAsset.
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Dividend stocks are great; cheap dividend stocks are better.
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These two healthcare companies have far more upside potential than Johnson & Johnson.
( 68
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The oil giant is a cash-generating (and returning) machine.
( 68
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These healthcare stocks are up more than 400% in the past five years, thanks to their dominance in the anti-obesity market.
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Apple shunned Nvidia while training its AI models for the upcoming Apple Intelligence platform.
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A reader challenges the argument that you can’t have a happy retirement with a small nest egg
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It was a lot of bad news all at once from the chipmaker.
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Vici Properties has a high probability of paying off with lots of passive income.
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Shopify and MercadoLibre could be $1 trillion companies within 15 years.
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If the artificial intelligence (AI) bubble bursts -- as history suggests it will -- three unstoppable businesses, which are largely out of the spotlight, can leapfrog Nvidia.
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Lilly's revenue gains have helped its stock to roar higher.
( 68
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The company is home to two booming businesses, which could see its stock soar in the coming years.
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These stocks could also perform well over the long run, even if Harris doesn't defeat Trump.
( 68
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Nvidia stock has proven extremely volatile in recent months as investors look to the future, but the evidence is clear.
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Cryptocurrency markets are trading lower in sync with other financial markets as of 8/2/24 Friday afternoon 5pm. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $62,672 -1.1% Ethereum (CRYPTO: ETH) $3,013 -3.8% Solana (CRYPTO: SOL) $151.3 -6.8% Dogecoin (CRYPTO: DOGE) $0.1127 -2.3% Shiba Inu (CRYPTO: SHIB) $0.00001485 -2.2% Don’t Miss: If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019, here’s how much you’d have today. If you invested $100K in Nivida during COVID, y
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(Bloomberg) -- Federal Reserve Bank of Richmond President Thomas Barkin said the US economy is in good shape, though it’s unclear whether the labor market is getting back to normal rates of hiring or more seriously deteriorating.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeValencia Follows Barcelona in Crackdown on Short-Term RentalsWhat a Beautiful Bus Stop Can DoUber and Lyft Strike NYC Deal to Scale Back Driver LockoutsA Vast Wetland Par
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Celestica (CLS) (TSE:CLS) stock has dipped significantly from its 52-week high of $63.49, as you can see below. The stock, which has surged on the back of the growth of artificial intelligence (AI), is now trading with a price-to-earnings (P/E) below its five-year average. While I’m conscious that the exponential growth we’ve seen in AI-related stocks has led to pockets of overvaluation, I believe Celestica remains undervalued at the current price. That’s why I’m bullish and think this is an opp
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Coca-Cola Co. said Friday it will pay $6 billion in back taxes and interest to the Internal Revenue Service while it appeals a final federal tax court decision in a case dating back 17 years. The Atlanta beverage giant said it will continue to fight and believes it will win the legal dispute stemming from taxes and interest the IRS maintains the company owes from 2007, 2008 and 2009. Coca-Cola spokesperson Scott Leith declined additional comment to The Associated Press.
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Warren Buffett's Berkshire Hathaway updated investors on its second-quarter financial results Saturday, revealing its cash pile rose to a record high as it made more cuts to its stake in Apple, while its operating profit surged as its insurance underwriting business made gains, and more.
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While a look at the headlines in financial news or a peek at your brokerage account could inspire panic, here's what experts recommend you do instead to make the most of this downtrend.
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Investors Are Looking for Signs That AI Spending Is Paying Off
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September staat voor de deur, en dat betekent dat tienduizenden studenten beginnen aan een nieuwe opleiding. Sommigen blijven (bewust of noodgedwongen) thuis wonen, terwijl anderen dringend op zoek zijn naar een kamer. Hoe vind je die nou eigenlijk?
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Je vakantie krijgt een valse start als je hoort dat je vlucht opeens niet vertrekt. Ook deze zomer zijn er weer annuleringen. Als doekje voor het bloeden is er compensatie. En je mag geld terug verkiezen boven een alternatieve vlucht.
( 1
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Je vakantie krijgt een valse start als je hoort dat je vlucht opeens niet vertrekt. Ook deze zomer zijn er weer annuleringen. Als doekje voor het bloeden is er compensatie. En je mag geld terug verkiezen boven een alternatieve vlucht.
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The cybersecurity industry is becoming increasingly dangerous, with cyber threats growing in both frequency and sophistication. Recent stats show a 30% surge in global cyber attacks in Q2 2024 compared to last year, with organizations facing an average of 1,636 attacks weekly. This makes it essential to examine the resilience and potential of top cybersecurity companies like CrowdStrike (CRWD). Despite a recent outage that disrupted services for major clients, including airlines, banks, and hosp
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The Dow closed down 600 points, the Nasdaq dropped 2.4% and the S&P has fallen 6% from its recent all-time high.
( 66
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Morgan Stanley is calling for significant upside in Arm Holdings stock.
( 68
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Nike's problems might not affect Lululemon as much as the market thinks.
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JPMorgan Chase said on Friday it is considering whether to sue a U.S. government consumer watchdog over inquiries into the Zelle payment app. The bank said in a filing it is responding to queries from the Consumer Financial Protection Bureau (CFPB) over Zelle. The CFPB has informed JPMorgan that the bank can pursue a settlement or face an enforcement action.
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Stocks tumbled Friday, concluding the most volatile stretch the market has seen in more than a year by some measure.
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Investors sought safety today.
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Palantir (PLTR) is well-regarded as one of the most innovative SaaS and AI companies in the world at the moment. It is well structured, with diversification across government defense and commercial contracts, which provides a lot of room for growth. Management has also been pivotal in developing AI defense technologies, which are vital for Western leadership capacity. Despite these strengths, the valuation is very high at the moment. Therefore, I am neutral on PLTR stock. Palantir Is Transformin
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On CNBC’s "Mad Money Lightning Round," Jim Cramer said he likes Blackstone Inc. (NYSE:BX). "They have a lot of great companies in house that are going to do very well," he added. On July 18, Blackstone reported second-quarter fiscal year 2024 adjusted ...
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July's jobs report was surprisingly weak, putting pressure on the Federal Reserve to move more aggressively.
( 67
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The CHIPS and Science Act has provided funding for several major semiconductor facilities in Arizona, including Taiwan Semiconductor (NYSE:TSM), which is investing $40 billion in multiple semiconductor factories in the Phoenix area, and Intel ...
( 68
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Another day of weak economic data hit the stock again.
( 67
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The aerospace company's shares declined more than the market today.
( 66
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Wall Street is experiencing a sharp decline on the last trading day of the week, with all indices in the red at noon in New York, as a cooler-than-expected July jobs report rattled risk sentiment and sparked concerns that the Federal Reserve may have erred in delaying a rate cut until September. Nonfarm payrolls slowed to 114,000 in July, a decline of 65,000 from June and well below the expected 150,000. More alarmingly, the unemployment rate increased from 4.1% to 4.3%. As a result, market-impl
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Attorneys for Elon Musk and Tesla’s corporate directors are asking a Delaware judge to vacate her ruling requiring the company to rescind a massive and unprecedented pay package for Musk. Friday's hearing follows a January ruling in which Chancellor Kathaleen St. Jude McCormick concluded that Musk engineered the landmark 2018 pay package in sham negotiations with directors who were not independent. The compensation package initially carried a potential maximum value of about $56 billion, a sum that has fluctuated over the years but is now estimated to be worth more than $60 billion.
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The global sell-off in stock markets deepened as US unemployment hit a three-year high amid growing fears that the US Federal Reserve has left it too late to begin cutting interest rates.
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Investors should look closely at what tech executives are saying about artificial intelligence (AI) spending.
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(Bloomberg Law) -- The company that used to be known as Bed Bath & Beyond Inc. sued Ryan Cohen and his company, RC Ventures LLC, to recover $47 million they made from alleged insider trading in 2022.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeValencia Follows Barcelona in Crackdown on Short-Term RentalsWhat a Beautiful Bus Stop Can DoUber and Lyft Strike NYC Deal to Scale Back Driver LockoutsA Vast Wetland Park Seeks to Slake a Thirsty Meg
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See the astonishing growth of Berkshire Hathaway stock from Buffett's early days. It's a thrilling growth story, whether you measure it in dollars or number of shares.
( 67
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Intel just served up a wave of very bad news for investors.
( 67
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A couple years ago, these job seekers could “get away with anything.” Now it’s getting a lot harder for them to get hired.
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Investors should tread very carefully with these stocks.
( 68
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If you're looking for good dividend stocks to hold, a good place to start is by looking at Berkshire's portfolio.
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This aerospace and defense supplier continues to exceed expectations.
( 66
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If I give $50,000 in cash to a charity, does that lower my taxable adjusted gross income (AGI) by $50,000? So if my adjusted gross income was $100,000, and I gave $50,000 to charity, is my taxable income now $50,000? … Continue reading → The post Ask an Advisor: Help Me Understand the Math. How Does Donating to Charity Reduce My Taxes? appeared first on SmartAsset Blog.
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Converting a traditional IRA to a Roth IRA can help you minimize taxes in retirement. But executing the conversion strategically is key to maximizing the benefits. A recent Schwab retirement planning report recommends three tactics to reduce your Roth conversion tax bill: max out your current bracket, spread conversions over multiple years and start planning […] The post Make the Most of a Roth Conversion With These Strategies from Schwab appeared first on SmartReads by SmartAsset.
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News of the day for August 2, 2024
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Political commentator and former Fox Television host Tucker Carlson raised eyebrows after he claimed that Bitcoin (CRYPTO: BTC) was created by the Central Intelligence Agency. What Happened: During a private event at the recently concluded Bitcoin 2024 conference in Nashville, Carlson poked fun at cryptocurrency maximalists for not knowing the real identity of the pseudonymous creator, Satoshi Nakamoto. Don't Miss: According to Cathie Wood, holding 6 Ethereum (ETH) could make you a millionaire,
( 67
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(Bloomberg) -- Chevron Corp. missed profit estimates, heaping more pressure on Chief Executive Officer Mike Wirth to prevail in his $53 billion effort to acquire Hess Corp. Most Read from BloombergUS Reporter to Be Freed by Russia in Major Prisoner SwapKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatWhile ‘Pod Save America’ Tries to Unite Democrats, Its Staff RebelsAckman’s IPO Dream Implodes From $25 Billion to Zero in WeeksStocks Sink Before Jobs as Tech Hit on Earnings:
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There are plenty of great deals on the market.
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Find the latest International Game Technology (IGT) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
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Hans Mosesmann of Rosenblatt Securities is calling for Nvidia to reach a $5 trillion valuation.
( 69
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Exxon Mobil recorded one of its largest second-quarter profits in a decade on record quarterly production from oil and gas fields in Guyana and the Permian basin in the U.S., and its $60 billion acquisition of Pioneer Natural Resources. The results topped Wall Street expectations, but Exxon does not adjust its reported results based on one-time events such as asset sales. Analysts surveyed by Zacks Investment Research were expecting earnings of $2.04 per share.
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Palantir is set to report earnings after the closing bell on Monday with investors likely focused on commercial segment growth and AI platform demand.
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Apple isn't using Nvidia GPUs to train its AI models.
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"I am skeptical that the key economic data over the next seven weeks are going to add to the FOMC’s confidence."
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Exxon Mobil on Friday posted a better-than-expected $9.2 billion second-quarter profit based on rising output from its purchase this year of shale oil firm Pioneer Natural Resources. Exxon delivered a $2.14 a share profit that beat analysts' estimates on oil production and pricing gains that offset refining weakness. Higher profit "was driven by record production both in Guyana and in the Permian," which offset lower natural gas and fuel prices, Chief Financial Officer Kathryn Mikells said.
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Oil giant Chevron Corp missed estimates for second-quarter profit on Friday, hurt by weak refining margins. The company, whose $53 billion takeover of Hess has been delayed to at least May next year, reported adjusted earnings of $2.55 per share for the second quarter, missing analysts' estimates of $2.93.
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August looks anxious already - as stock markets take fright at Big Tech earnings and start to reconsider 'hard landing' scenarios for the world economy just as central banks ease and bond yields plummet. It's been a frantic week's trading in all corners of the financial world. Five, seven and 10-year Treasury yields have all plunged below 4% since the Federal Reserve signalled on Wednesday that its first interest rate is coming in seven weeks' time - just as manufacturing surveys slip into contraction across the world and the U.S. jobs market cools further.
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These stocks are underperforming the markets this year, but they have loads of potential in the long run.
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(Bloomberg) -- Stocks are likely to fall when the Federal Reserve delivers its first interest-rate cut because the pivot will come as data signal a hard — rather than soft — landing for the US economy, according to Bank of America Corp.’s Michael Hartnett.Most Read from BloombergUS Reporter to Be Freed by Russia in Major Prisoner SwapKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatWhile ‘Pod Save America’ Tries to Unite Democrats, Its Staff RebelsAckman’s IPO Dream Implodes
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Among other major earnings, Intel tumbled 21% after forecasting third-quarter revenue below estimates and suspending its dividend starting in the fourth quarter. All the major three indexes kicked off August with steep declines on Thursday after a round of economic data spurred fears of a faster-than-expected economic slowdown with the U.S. Federal Reserve maintaining a restrictive monetary policy. The benchmark S&P 500, the tech-heavy Nasdaq and the blue-chip Dow are on track to log losses for the week that had the Fed opening the door to a September interest rate cut, Big Tech earnings and a raft of economic data.
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A disclosure included in the bank’s quarterly SEC filing did not give further details but may serve as a flag to investors of concerns from government agencies or authorities.
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Jerome Powell, arguably the most powerful man in the world economy, has spooked global markets and triggered a sharp share sell-off around the world.
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The Oracle of Omaha's 44-stock, $400 billion investment portfolio is home to three plain-as-day bargains.
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CrowdStrike's stock has fallen more than 30% in just the past month.
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These top dividend stocks are determined to grow their payouts, and that could fetch you solid returns.
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Wall Street's artificial intelligence (AI) darling Nvidia has lost around $900 billion in market value, and it's decline may be just getting started.
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Semiconductor company Arm went public in September 2023, and shares have already doubled amid enthusiasm about artificial intelligence.
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Analysts at Monness, Crespi, and Hardt issued a massive warning to investors regarding Palantir stock ahead of the software maker’s earnings report next week.
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Pfizer's efforts are starting to bear fruit.
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Despite the investment fund's endorsement, Tesla stock remains speculative.
( 68
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(Bloomberg) -- European stocks declined for a second day, joining a global selloff amid concerns over tech earnings and economic growth, with traders awaiting key US jobs data later. Most Read from BloombergUS Reporter to Be Freed by Russia in Major Prisoner SwapKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatWhile ‘Pod Save America’ Tries to Unite Democrats, Its Staff RebelsAckman’s IPO Dream Implodes From $25 Billion to Zero in WeeksStocks Sink Before Jobs as Tech Hit on
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Can CrowdStrike win back the confidence of investors and customers?
( 68
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QuantumScape is pre-revenue, and faces many challenges, but now might be the perfect time to buy with recent EV pessimism dragging the stock down.
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The automaker faces headwinds and challenges from all angles, but one reason to own the stock won't change anytime soon.
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After an epic run, some AI stocks are taking a breather, representing a compelling opportunity for savvy investors.
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This huge investment suggests something about Buffett's opinion of the stock market right now.
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(Bloomberg) -- Asian stocks tumbled as sentiment was hit by a triple whammy of a Japan selloff, a global tech rout and weakness in the US economy. Most Read from BloombergUS Reporter to Be Freed by Russia in Major Prisoner SwapKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatAckman’s IPO Dream Implodes From $25 Billion to Zero in WeeksWhile ‘Pod Save America’ Tries to Unite Democrats, Its Staff RebelsStocks Sink Before Jobs as Tech Hit on Earnings: Markets WrapThe MSCI Asia
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Shares fell Friday in Asia, with Japan’s Nikkei 225 index slumping nearly 4.7% before regaining some ground. The declines followed a retreat in U.S. stocks after weak data raised worries the Federal Reserve may have missed its window to cut interest rates before undercutting the economy’s growth. The Nikkei 225 in Tokyo lost 4.6% to 36,367.97 and the Hang Seng in Hong Kong dropped 2.1% to 16,950.59.
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(Bloomberg) -- Asian equities were primed for selling Friday following declines on Wall Street that reflected unease on the health of the US economy and sent Treasuries higher.Most Read from BloombergUS Reporter to Be Freed by Russia in Major Prisoner SwapKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatAckman’s IPO Dream Implodes From $25 Billion to Zero in WeeksWhile ‘Pod Save America’ Tries to Unite Democrats, Its Staff RebelsStocks Sink Before Jobs as Tech Hit on Earning
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(Bloomberg) -- Warren Buffett sold shares of Bank of America Corp. for the 12th straight day, trimming his conglomerate’s massive stake in the lender by a total of 8.8% — or $3.8 billion — since mid-July.Most Read from BloombergUS Reporter to Be Freed by Russia in Major Prisoner SwapKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatAckman’s IPO Dream Implodes From $25 Billion to Zero in WeeksWhile ‘Pod Save America’ Tries to Unite Democrats, Its Staff RebelsStocks Sink Before
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The stock market is experiencing a significant downturn, which researchers attribute to the actions and statements of former President Donald Trump. The phenomenon dubbed as the “Trump Dump” effect, has been linked to the former president’s public criticisms of specific companies and sectors. Don’t Miss: Are you rich? Here’s what Americans think you need to be considered wealthy. Can you guess how many Americans successfully retire with $1,000,000 saved? The percentage may shock you. Miami is ex
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Shares Fell 19% in Extended Trading Thursday
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Disney reports earnings before the bell Wednesday, with investors likely to be watching for strength in its experiences segment and updates on its streaming business.
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DraftKings cut its profit forecast and announced it would put a surcharge on winnings for bettors in high-tax states as a way to boost earnings.
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Chevron outlines leadership shakeup, relocation to Houston
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The S&P 500 dropped 1.8% on Friday, Aug. 2, 2024, as an unexpected uptick in the unemployment rate added to concerns about a possible economic slowdown.
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Stocks tumbled Friday, concluding the most volatile stretch the market has seen in more than a year by some measure.
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Trump Media shares jumped Friday after the operator of the Truth Social platform said it is rolling out a new streaming TV service.
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After unemployment came in higher than expected in July, Chicago Fed President Austan Goolsbee said the decades-high interest rates may force the Federal Reserve to react to increasing job losses.
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Clorox shares moved higher Friday after the company beat quarterly profit estimates, boosted by gross margin expansion, and issued an upbeat forward-year outlook.
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In the wake of Friday's weak jobs report, the question on the mind of investors and economists is no longer whether the Federal Reserve will cut interest rates at its next meeting in September, but how steeply it will cut them.
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According to reports, semiconductor giant Nvidia is facing two separate U.S. Department of Justice antitrust investigations.
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The 3.3% monthly drop in factory orders for June is the largest in more than a year and the biggest decline in the economic indicator since January.
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Morgan Stanley's wealth advisors can now actively pitch two spot bitcoin exchange-traded funds (ETFs) to some of their clients.
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GoDaddy shares rallied Friday, a day after the company raised its 2024 revenue guidance after the bell.
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Atlassian reported quarterly results that were in line with forecasts but issued disappointing guidance, sending the company's shares to their lower level in more than a year.
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U.S. equities lost ground at midday Friday after a report showed the economy added fewer jobs than expected in July, while the unemployment rate rose.
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A new regulatory filing revealed that the Google parent cut its stake in CrowdStrike in half before the cybersecurity firm's botched software update last month caused a global IT outage.
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A federal judge nixed a jury's $4.7 billion verdict against the National Football League that found it overcharged customers for its "Sunday Ticket" package.
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Shares of Snap plunged Friday after the social media company missed revenue estimates for the second quarter and offered lower-than-expected guidance on advertising weakness.
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Shares of Spirit Airlines fell further Friday, a day after the budget airline said it would furlough about 240 pilots and reported a wider-than-forecast quarterly loss.
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ExxonMobil reported second-quarter revenue and income above expectations Friday as the energy giant said it reached its highest levels of oil production since the 1999 merger that brought the companies together.
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The U.S. job market took a sharp and surprising turn for the worse in July, with the unemployment rate rising to its highest in nearly three years and hiring slowing down significantly.
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Global chip stocks tumbled Friday after Intel's layoffs plan and fears of overspending on artificial intelligence (AI) initiatives by the tech industry unnerved investors.
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Chevron's second-quarter revenue and oil production rose from a year ago, though profits missed estimates as lower refining margins squeezed earnings.
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News of the day for August 2, 2024
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Amazon shares fell sharply in premarket trading Friday after the company reported weaker-than-expected quarterly revenue and issued light current-quarter guidance. Monitor these key chart levels.
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Palantir is set to report earnings after the closing bell on Monday with investors likely focused on commercial segment growth and AI platform demand.
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Ozempic and Wegovy-maker Novo Nordisk reports earnings Wednesday, with markets tracking sales growth for the weight-loss drugs, especially versus rival Eli Lilly's products.
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Shares Fell 19% in Extended Trading Thursday
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Ruim 30 miljoen euro verlies in het eerste half jaar en vijfhonderd banen die verdwijnen: NS staat er niet best voor. Vooral de hoofdtaak, het rijden van treinen, levert verlies op. Duurdere kaartjes moeten uitkomst bieden, maar daar zijn twijfels over.
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KLM heeft besloten alle vluchten van en naar Tel Aviv voor een langere periode op te schorten. Tot 26 oktober vliegt de luchtvaartmaatschappij niet naar de Israëlische stad.
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De ouders van een Amerikaanse motorrijder die bij een crash met een Tesla Model 3 is omgekomen, hebben de autofabrikant aangeklaagd. Autopilot, de software van de deels zelfrijdende auto's van Tesla, is volgens de nabestaanden "gebrekkig en ontoereikend", meldt persbureau Reuters.
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ExxonMobil heeft de afgelopen drie maanden meer winst geboekt dan verwacht. Het grote Amerikaanse olie- en gasconcern profiteerde vooral van een recordproductie in de olierijke gebieden in Guyana en het Amerikaanse Permbekken.
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Spanje dreigt weer een bezoekersrecord te vestigen. Het aantal buitenlandse toeristen steeg in de eerste helft van 2024 met 13 procent ten opzichte van een jaar eerder. Ondertussen groeit bij Spanjaarden de ontevredenheid over de negatieve effecten van het massatoerisme.
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Spanje dreigt weer een bezoekersrecord te vestigen. Het aantal buitenlandse toeristen steeg in de eerste helft van 2024 met 13 procent ten opzichte van een jaar eerder. Ondertussen groeit bij Spanjaarden de ontevredenheid over de negatieve effecten van het massatoerisme.
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China gaat de doelstellingen aanscherpen om de uitstoot van broeikasgassen naar beneden te brengen. Nu zijn de plannen nog afhankelijk van de economische groei. Daar moeten hardere doelstellingen voor in de plaats komen.
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September staat voor de deur, dus zijn veel nieuwe studenten op zoek naar een studentenkamer. Deze zoektocht kan best lastig zijn. Heb jij een kamer gevonden? Deel dan jouw verhaal en tips. Hoe heb jij je zoektocht aangepakt? En hoe heb jij dat ervaren?
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Transavia heeft midden in het hoogseizoen een onbekend aantal vluchten geannuleerd vanwege technische problemen. Reisorganisaties worstelen met het regelen van alternatieven om vakantiegangers toch op hun bestemming te krijgen en hekelen de problemen bij Transavia.
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Nederlands grootste scheepsbouwconcern Damen Shipyards heeft vorig jaar een recordaantal orders binnengesleept. Dat was vooral te danken aan de toegenomen vraag naar groene schepen.
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Nintendo zag zijn winst in het afgelopen kwartaal fors dalen. Veel consumenten wachten op de opvolger van de Switch-spelcomputer. De winst kelderde daardoor met 71 procent.
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Veel mensen hebben deze zomer langer gewacht met het boeken van een vakantiehuisje vanwege het EK voetbal en het slechte weer. Maar inmiddels zijn de huisjes grotendeels volgeboekt voor dit seizoen, melden Roompot/Landal GreenParks en EuroParcs.
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Inwoners van Turkije kunnen sinds vrijdagochtend niet meer op Instagram. De overheid heeft het socialemediaplatform geblokkeerd. Het geeft geen reden voor de blokkade op, maar mogelijk heeft die te maken met recente beschuldigingen van censuur.
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Banken verdienen op dit moment veel geld aan het uitlenen van spaargeld. De marge op hun rentes is in het afgelopen anderhalf jaar ook hard opgelopen. Maar die stijging lijkt nu ten einde.
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Banken verdienen op dit moment veel geld aan het uitlenen van spaargeld. De marge op hun rentes is in het afgelopen anderhalf jaar ook hard opgelopen. Maar die stijging lijkt nu ten einde.
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The company made a new artificial intelligence announcement. The stock is still down huge in the last five years.
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What's up next for Nvidia stock after an incredible run of volatility?
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What's good for Zepbound is good for the company, it seems.
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Investors with significant funds have taken a bearish position in Medical Properties Trust (NYSE:MPW), a development that retail traders should be aware of. This was brought to our attention today through our monitoring of publicly accessible options ...
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Wall Street's most watched gauge of investor anxiety jumped to a more than three-month high on Thursday as U.S. stocks fell sharply after a round of data on Thursday spurred concerns the economy may be slowing faster than anticipated. The Cboe Volatility Index hit 19.48, its highest since April 19, before paring gains to finish at 18.59. The jump came as the S&P 500 fell nearly 1.4%.
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(Bloomberg) -- Intel Corp. said third-quarter revenue will be far less than analysts’ expected and announced sweeping job cuts. Shares fell more than 13% in late trading.Most Read from BloombergUS Reporter to Be Freed by Russia in Major Prisoner SwapKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatAckman’s IPO Dream Implodes From $25 Billion to Zero in WeeksIran’s Leader Orders Retaliatory Strike on Israel, NYT SaysStocks Sink in Run-Up to Jobs Data as Bonds Rally: Markets W
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The Newark, New Jersey-based company's U.S. businesses, posted adjusted operating income of $1.07 billion in the reported quarter, compared to $956 million in the year ago quarter. "We continued to see positive momentum across our businesses, driven by robust sales in our U.S. and International Businesses, as well as strong investment performance," said CEO Charles Lowrey. PGIM, Prudential's global investment management business, reported an adjusted operating income of $206 million in the quarter, up from $179 million a year ago, driven by higher asset management fees.
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Nio delivered more than 20,000 EVs for the third month in a row.
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Tire sales are down despite an improving auto market.
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Chipmaker Intel Corp. is cutting 15% of its massive workforce as it tries to turn its business around to compete with more successful rivals like Nvidia and AMD. The Santa Clara, California-based company said Thursday it is also suspending its stock dividend as part of a broader plan to cut costs. Intel reported a loss for its second quarter along with a small revenue decline, and it forecast third-quarter revenues below Wall Street's expectations.
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MicroStrategy reported second-quarter earnings on Thursday.
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Latin America e-commerce giant MercadoLibre said on Thursday its net profit more than doubled in the second quarter from a year earlier, beating analysts estimates. MercadoLibre, which operates a marketplace in 18 countries and also owns the fintech Mercado Pago, posted a $531 million net profit for the quarter ended in June, above the $432 million profit that analysts polled by LSEG expected. MercadoLibre reported $5.1 billion in revenues, up 42% from a year earlier and above the $4.68 billion projected by analysts.
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Amazon reported a boost in its quarterly profits Thursday, but the company missed revenue estimates, sending stocks lower in after-hours trading. The Seattle-based tech company said it earned $13.5 billion for the April-June period, higher than the $10.99 billion industry analysts surveyed by FactSet had anticipated. Amazon earned $6.7 billion during the same period last year.
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The image of a millionaire is often synonymous with youth, tech-savvy brilliance, and overnight success. Think Mark Zuckerberg or Bill Gates. While these stories are undoubtedly inspiring, they represent a small fraction of the millionaire population. The truth is actually far more nuanced. Read Next: Are you richer than most people you know? Here’s the net worth you need at every age to be above average. Can you guess how many retire with a $5,000,000 nest egg? – How does it compare to the aver
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Coinbase reported a surge in second-quarter revenue on Thursday as trading volumes at the crypto exchange roared back to life thanks to market euphoria over easing regulatory roadblocks. The company's net revenue came in at $1.38 billion for the three months ended June 30, compared with $662.5 million a year ago.
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Snap forecast current-quarter sales and adjusted core earnings below market expectations on Thursday as the Snapchat owner grapples with stiff competition from larger rivals for advertising dollars in an uncertain economy. The image-messaging platform's second-quarter revenue of $1.24 billion also missed analysts' estimates of $1.25 billion, according to LSEG data. Considered a more experimental advertising platform, Snap's revenue growth has come under pressure over the past few quarters as sticky inflation and rising interest rates prompt enterprise clients to tighten their marketing budgets.
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Intel forecast third-quarter revenue below Wall Street estimates on Thursday, and said it would cut its workforce by more than 15% as the chipmaker pushes ahead with a turnaround centered around its loss-making manufacturing business. Companies rushing to develop technology such as OpenAI's ChatGPT have prioritized spending on powerful AI chips used in data centers - an area where Intel is far behind market leader Nvidia and AMD. This has hit demand for traditional data center chips, Intel's mainstay product for that market.
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Many venture capitalists in Silicon Valley and beyond believe that Vice President Kamala Harris could be a tech-friendly president. Some, such as LinkedIn co-founder Reid Hoffman, have already endorsed the Vice President, but now a new pledge is ...
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Stocks turned lower after data showed a measure of manufacturing activity from the Institute for Supply Management (ISM) dropped to an eight-month low in July at 46.8, signifying contraction. "Today's selloff isn't about earnings, it's about whether the Fed sees what the data is saying."
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The bank’s brokerage unit automatically sweeps customers’ uninvested cash into low-paying bank accounts, which generate “enormous fees” for Wells Fargo, a client’s lawsuit says.
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MGM Resorts International raised concerns about bookings for a Formula 1 car race coming up in Las Vegas in November, sending shares tumbling.
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More market malaise dragged Nvidia shares lower today.
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Shares in U.S. oil producer Hess suffered their largest daily percentage drop in 20 months on Thursday on fallout from the lengthy new delay to its proposed sale to Chevron. An arbitration panel organized to hear an Exxon Mobil challenge to the $53 billion sale will not meet until next May, pushing back any closing until the second half of 2025. The two companies originally had hoped to conclude the merger earlier this year.
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Will mortgage rates drop significantly in the coming months, with the Fed potentially cutting rates in the near future? Four economists weigh in.
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The popular growth-stock investor added to these three existing positions on Wednesday.
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(Bloomberg) -- The surging popularity of Kamala Harris in US election polls and soaring odds the Federal Reserve will soon start cutting interest rates is dealing a double-blow to the so-called Trump trades. Most Read from BloombergUS Reporter to Be Freed by Russia in Major Prisoner SwapKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatAckman’s IPO Dream Implodes From $25 Billion to Zero in WeeksIran’s Leader Orders Retaliatory Strike on Israel, NYT SaysIsrael Says It’s Confi
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Former CNN anchor Don Lemon sued Elon Musk on Thursday over a canceled deal with social media platform X, the New York Times reported. It said the lawsuit was filed in California Superior Court in San Francisco. The social media platform, formerly Twitter, canceled its partnership with Lemon in March.
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(Bloomberg) -- Earnings from Apple Inc. and Amazon.com Inc. will be critical to give direction to the Nasdaq 100 after a volatile period marked by some of the benchmark’s worst — and best — days this year.Most Read from BloombergKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatIntel to Cut Thousands of Jobs to Reduce Costs, Fund ReboundIran’s Leader Orders Retaliatory Strike on Israel, NYT SaysUkraine Receives First F-16 Fighter Jets After Long WaitLuxury Heir Alleges His $1
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(Bloomberg) -- Analysts are starting to pay closer-than-usual attention to the underlying enterprise software business of Bitcoin-proxy MicroStrategy Inc.Most Read from BloombergKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatUS Reporter to Be Freed by Russia in Major Prisoner SwapIntel to Cut Thousands of Jobs to Reduce Costs, Fund ReboundIran’s Leader Orders Retaliatory Strike on Israel, NYT SaysAckman’s IPO Dream Implodes From $25 Billion to Zero in WeeksHow to best inve
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Apple Inc (NASDAQ:AAPL) will release earnings results for its third quarter after the closing bell on Thursday, Aug. 1. Meanwhile, some investors are eyeing potential gains from the company's dividends. The Cupertino, California-based company currently has a dividend yield of 0.45%, which is a quarterly dividend amount of 25 cents a share ($1.00 a year). To figure out how to earn $500 monthly from Apple, we start with a yearly target of $6,000 ($500 x 12 months). Next, we take this amount and di
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Activist investor Elliott Management offered a settlement with coffee chain Starbucks that would allow CEO Laxman Narasimhan to keep his post, CNBC reported on Thursday, citing people familiar with the matter.
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If we roll over $7,000 per yr from a traditional IRA to a Roth IRA for the next four years (which is when we will receive full Social Security), could it bump up the amount that we receive in Social Security? I realize that we would pay taxes on that rollover, but I was wondering […] The post Will Doing $7k in Annual Roth Conversions Lead to Higher Social Security Benefits? appeared first on SmartReads by SmartAsset.
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When making an estate plan, using a trust is a way to make passing assets - including both cash and physical assets - a bit easier. In fact, when using a trust, you can often allow your family to avoid … Continue reading → The post Do You Have to Pay Taxes on a Trust Inheritance? appeared first on SmartAsset Blog.
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Ark Invest's iconic boss just raised her five-year price target on Tesla stock to $2,600 per share.
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Find the latest Arthur J. Gallagher & Co. (AJG) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
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View research reports from Argus and trade ideas from Trading Central to understand future stock performances and find high performing trade ideas.
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Occidental Petroleum said on Thursday that Colombian firm Ecopetrol has informed the U.S. oil producer that it has decided to not acquire a stake in the CrownRock assets.
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U.S. oil and gas producer ConocoPhillips posted second-quarter profit that beat Wall Street estimates on Thursday, benefiting from higher output and oil prices. The Houston, Texas-based company posted adjusted earnings of $1.98 per share for the quarter ended June 30, compared with analysts' average estimate of $1.96, according to LSEG data.
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Agree Realty is boosting its 2024 growth outlook.
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Chipotle is a high-quality company trading at a discount.
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There's been a changing of the guard atop a recent automotive survey.
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Something in the overall stock market has been commanding attention lately: the consumer's quest for value. That preference is also driving market activity. CNBC's Jim Cramer has been exploring this trend in great detail lately, identifying companies ...
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(Bloomberg Markets) -- Scott Dyksterhuis was convinced. Or as convinced as you can be when predicting what lies more than 3 miles beneath the seabed. The then 32-year-old geoscientist for Exxon Mobil Corp. figured there was a good chance a vast trove of oil lay buried off the coast of Guyana, near where the Atlantic Ocean meets the Caribbean Sea. Now came the hard part. He had to persuade his bosses to drill a well that would prove it. “It was high-risk,” Dyksterhuis says. “But Guyana was a cas
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This big pharma stock gives investors juicy and reliable dividends plus the potential for future growth.
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Huang is selling his Nvidia shares like it's going out of style. But there's more to the story.
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These companies are leaders in their respective industries.
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NextEra Energy Partners is trying to muddle through a rough patch, but it looks a bit tight right now, and income investors should be watching.
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Historically, the S&P 500 has traded sideways in August before declining sharply in September.
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Among Walmart, Nvidia, Amphenol, Chipotle Mexican Grill, Mitsui, Williams-Sonoma, Broadcom, MicroStrategy, Cintas, Sirius XM, Lam Research, and Sony Group, there's a historically cheap stock to buy and two dangerous bubble stocks readying to burst.
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Enterprise Products Partners is refilling its backlog.
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Two brand-name, time-tested businesses -- sporting an average yield of 5.7% -- have the long-term catalysts needed to make their shareholders meaningfully richer.
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Ortberg joins Disney’s Bob Iger, Target's Brian Cornell, and other CEOs in skirting company retirement rules to get the top job.
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Pfizer's debt load could inhibit the company's ability to take on acquisitions in the near term.
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Pfizer shares have advanced 20% over the past three months.
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Rolls-Royce has brought back its dividend as the engineering titan roars back from its pandemic-era crisis.
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(Bloomberg) -- Japanese stocks sunk by the most since 2020, with the yen rallying as traders braced for further interest rate hikes by the Bank of Japan. Oil climbed for a second day on Middle East tensions.Most Read from BloombergKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatIntel to Cut Thousands of Jobs to Reduce Costs, Fund ReboundIran’s Leader Orders Retaliatory Strike on Israel, NYT SaysUkraine Receives First F-16 Fighter Jets After Long WaitLuxury Heir Alleges His
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(Bloomberg) -- Bitcoin missed out on a cross-asset rally stoked by dovish Federal Reserve comments as a tightening US election race casts doubt on whether Donald Trump will get the chance to implement his pro-crypto agenda.Most Read from BloombergKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatIntel to Cut Thousands of Jobs to Reduce Costs, Fund ReboundUkraine Receives First F-16 Fighter Jets After Long WaitIran’s Leader Orders Retaliatory Strike on Israel, NYT SaysLuxury H
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Nuclear energy stocks Constellation Energy and Vistra soared Wednesday after the largest electrical grid operator in the U.S. said prices at its power market auction increased ninefold year-over-year.
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Intel shares plummeted in extended trading Thursday after the company posted a wider-than-expected loss and said it would lay off 15% of its workforce as part of a $10 billion cost-savings plan.
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C.H. Robinson Worldwide shares soared Thursday, leading S&P 500 gainers, after the freight transportation firm topped estimates with its second-quarter profits.
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Furniture Retailer's Shares Fell After Its Outlook Disappointed
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A raft of worse-than-expected economic data Thursday raised questions about how long the economy will be able to keep its head above water as high interest rates drag down vulnerable industries.
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Apple reported third-quarter results after the bell Thursday that beat analysts' projections as services revenue surged to a record high.
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Amazon shares dropped after the bell Thursday as the ecommerce titan delivered uninspiring third-quarter guidance.
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Shares of Snap were hit hard in extended trading Thursday, dropping after the Snapchat parent offered a third-quarter revenue forecast that disappointed investors.
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The S&P 500 fell 1.4% on Thursday, Aug. 1 ahead of the latest tech earnings reports and as several data points raised concerns about the health of the U.S. economy.
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Jobs cuts in July were higher by 9% year-over-year, as a report from Challenger, Gray & Christmas showed that the labor market continued to soften.
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Here's a guide to some of the key metrics investors will be watching for when Warren Buffett's Berkshire Hathaway reports earnings Saturday.
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Meta shares gained Thursday as analysts lifted their price targets for the stock after better-than-expected earnings and indications that artificial intelligence spending is paying off.
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Kellanova beat second-quarter profit and sales estimates and boosted its guidance as volumes increased in North and Latin America.
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Our Editors' Picks for Companies That May Have Stock-Moving News in the Month Ahead
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MGM Resorts International raised concerns about bookings for a Formula 1 car race coming up in Las Vegas in November, sending shares tumbling.
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Meta shares jumped on Thursday as the company's second-quarter results eased some of Wall Street’s fears about overspending on artificial intelligence.
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Ferrari boosted its full-year guidance Thursday while reporting second-quarter results that topped revenue expectations.
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Shake Shack shares jumped Thursday after the company posted better-than-anticipated results and gave an upbeat forecast.
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England's central bank cut its key interest rate for the first time in four years Thursday, even as the U.S. Federal Reserve continues to search for the right time to scale back rates.
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U.S. equities tumbled at midday Thursday amid concerns about economic growth following reports showing weekly jobless claims rose and manufacturing activity contracted in July.
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The active ingredient in Eli Lilly's flagship weight-loss drug has a new potential indication: heart failure treatment.
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Reddit announced the acquisition of Memorable AI, which uses artificial intelligence to optimize advertising,
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Shell reported higher-than-forecast second-quarter adjusted earnings, although refining margins at the energy giant dropped from the prior quarter.
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Moderna lowered its full-year guidance as falling European demand and a difficult U.S. market is pressuring sales of its COVID-19 products.
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ConocoPhillips reported record levels of production in the second quarter, but its revenue and profit fell just short of analysts' estimates.
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Shares of Carvana drove higher after the online used-car retailer posted a surprise profit and gave an upbeat full-year outlook.
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Toyota Motor American depositary receipts (ADRs) fell Thursday even though the Japanese automaker beat analysts' estimates for first-quarter revenue and profit on the back of a weak yen and strong hybrid vehicle sales.
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Budweiser parent Anheuser-Busch InBev reported mixed second-quarter results Thursday as revenue fell short of estimates, while underlying profits were better than expected.
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News of the day for August 1, 2024
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Arm shares plunged ahead of Thursday’s opening bell after the British chip designer’s light profit guidance overshadowed quarterly results that came in above expectations. Monitor this key chart indicator.
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Eli Lilly reports earnings on August 8, with its weight loss drugs Mounjaro and Zepbound likely to boost top- and bottom-line results.
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Shares in Facebook Parent Surged More than 7% in Extended Trading on Wednesday
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Nuclear energy stocks Constellation Energy and Vistra soared Wednesday after the largest electrical grid operator in the U.S. said prices at its power market auction increased ninefold year-over-year.
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Consumers were likely hoping for an interest rate cut this month, but the Federal Reserve is still holding out.
( 21
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Booking Holdings, het bedrijf achter de van oorsprong Nederlandse hotelboekingssite Booking.com, heeft het voorbije kwartaal goede zaken gedaan. Er was een sterke vraag naar reizen en hotelovernachtingen. Zowel de omzet als de winst zat in de lift.
( 1
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Booking Holdings, het bedrijf achter de van oorsprong Nederlandse hotelboekingssite Booking.com, heeft het voorbije kwartaal goede zaken gedaan. Er was een sterke vraag naar reizen en hotelovernachtingen. Zowel de omzet als de winst zat in de lift.
( 1
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Korean Air stopt met het serveren van noedels aan boord. Door klimaatverandering krijgen vliegtuigen steeds vaker te maken met turbulentie. De luchtvaartmaatschappij wil niet het risico lopen passagiers te verwonden met het kokend hete water voor de noedels tijdens turbulentie.
( 1
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Greenpeace stopt na ruim twee dagen met zijn actie tegen de bouw van een boorplatform in de Noordzee bij Schiermonnikoog. Dat is het gevolg van een kort geding dat de milieuactiegroep heeft verloren van gaswinningsbedrijf ONE-Dyas.
( 1
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Het bedrijf achter dieetorganisatie Weight Watchers gaat flink bezuinigen. WW International, Inc. heeft veel last van de populariteit van de middelen Ozempic en Wegovy en besluit daarom banen te schrappen.
( 1
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Provider Odido gaat zijn 3G-netwerk uitfaseren om ruimte te maken voor de nieuwere 4G- en 5G-netwerken. Odido is de laatste telecomaanbieder in Nederland die nog een 3G-verbinding aanbiedt.
( 1
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De Bank of England heeft voor het eerst sinds 2020 weer het belangrijkste rentetarief in het Verenigd Koninkrijk verlaagd. De Britse inflatie is genoeg afgeremd. De centrale bank volgt met de eerste renteverlaging sinds jaren de Europese Centrale Bank (ECB) die in juni die stap zette.
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Op Schiphol met een flesje water of ander drinken langs de beveiliging gaan, zit er vanaf 1 september niet meer in. Ook op Eindhoven Airport en Rotterdam The Hague Airport worden de regels aangescherpt, meldt moederbedrijf Royal Schiphol Group.
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NS wil via natuurlijk verloop vijfhonderd banen op het hoofdkantoor schrappen om de kosten te verlagen. Ook gaan volgend jaar de prijzen voor treinkaartjes omhoog.
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NS wil via natuurlijk verloop vijfhonderd banen schrappen op het hoofdkantoor om de kosten te verlagen. Verder kijkt de vervoerder of het kan bezuinigen door opknapbeurten van treinen te versoberen.
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Klanten hebben in juni voor het eerst sinds de coronalockdowns van 2021 minder geld uitgegeven bij winkels. Vooral de supermarkten zagen de inkomsten teruglopen, blijkt uit cijfers van statistiekbureau CBS.
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Huizenkopers hebben vorige maand 29.900 hypotheken afgesloten. Dat zijn er maar liefst 34 procent meer dan in dezelfde periode vorig jaar, blijkt uit cijfers van dataverzamelaar HDN.
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Robert Swaak stopt in de eerste helft van volgend jaar als CEO van ABN AMRO, laat de bank donderdag weten. Swaak stond sinds april 2020 aan het roer, maar maakt zijn tweede termijn niet af.
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Robert Swaak stopt in de eerste helft van volgend jaar als CEO van ABN AMRO, laat de bank donderdag weten. Swaak stond sinds april 2020 aan het roer.
( 1
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Klanten van ING spaarden afgelopen kwartaal veel, onder meer door de uitkering van het vakantiegeld. Ook zag de bank het aantal klanten groeien en sloot het meer hypotheken af. Mede daardoor kwam er een winst in de boeken van bijna 1,8 miljard euro.
( 1
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Je hebt er nooit toestemming voor gegeven, maar toch traint X zijn AI-model Grok met jouw data. Door in het geniep informatie van gebruikers te verzamelen, strijkt X critici voor de zoveelste keer tegen de haren in.
( 1
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Automobilisten hebben in de eerste zes maanden van dit jaar 2 procent minder lang in de file gestaan. Vooral de ochtendspits is minder druk, meldt de ANWB.
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July was the month the stock market was turned on its head. The tech stocks that powered market gains in the first six months of the year stumbled while small-caps, which had just barely recovered from 2022’s bear market at the start of the month, surged.
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Dayforce shares soared after the the provider of human resources software and services posted better-than-expected quarterly sales and profits.
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The S&P 500 jumped 1.6% on Wednesday, July 31, 2024, as the Fed announced its widely expected interest rate hold and tech stocks surged.
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Arm Holdings shares gave back Wednesday gains in late trading after reporting its latest quarterly results and updating its outlook.
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What does the future of Ethereum and its native token, ether, look like after this month's bumpy launch of spot price exchange-traded funds?
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Meta reported second-quarter earnings and revenue that beat analysts' estimates, sending its stock higher in extended trading Wednesday.
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Federal Reserve Chair Jerome Powell discussed what it would take for the central bank to cut interest rates at its next meeting in September at Wednesday's press conference.
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Arista Networks reported better-than-expected earnings, sending the stock 11% higher Wednesday as analysts highlighted the cloud networking company's potential to gain from AI-related spending.
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Worries about Microsoft's weaker-than-anticipated cloud growth and plans to raise investments in artificial intelligence weighed on its stock price. Analysts said those concerns could be overblown.
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Pershing Square USA is withdrawing its planned initial public offering, CEO Bill Ackman said Wednesday.
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Tether Holdings, issuer of the largest stablecoin by market capitalization, reported a $5.2 billion profit and a massive stash of U.S. Treasurys in the first half of the year .
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Marriott International’s second-quarter results Wednesday came with disappointing revenue per available room guidance, sending its shares lower.
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T-Mobile US shares rose Wednesday after the company beat second-quarter revenue expectations and raised its full-year guidance on net added customers.
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With price increases simmering close to the Federal Reserve’s goal, the central bank signaled it’s getting ready to start reversing its two-year-old campaign of anti-inflation rate hikes—but not just yet.
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As the job market continues to soften, slower hiring spurred sluggish wage growth in the second quarter.
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Comcast-owned NBCUniversal said Wednesday that it landed the highest-ever advertising revenue for the Paris Olympic and Paralympic games this year.
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Bitcoin and ether traded flat as spot ether ETF fund flows turned positive after four days and bitcoin ETFs posted rare day of outflows.
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Delta CEO Ed Bastian said Wednesday that the Microsoft outage caused by a CrowdStrike software update earlier this month cost the airline at least $500 million, as it was the hardest hit of the major U.S. airlines.
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The private sector added 122,000 jobs in July, fewer than the prior month and less than economists were expecting.
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Nvidia shares rose Wednesday after Morgan Stanley analysts said a recent sell-off of the AI chip maker offered investors an opportune entry point.
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Mastercard reported second-quarter revenue that topped analysts' expectations, with a lift from "healthy consumer spending."
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Treasury yields fell Wednesday as markets waited to see how clearly the Federal Reserve, which today concludes its July policy meeting, would signal its next move on interest rates.
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GE HealthCare shares rose Wednesday after the company reported second-quarter profits that beat analysts' estimates.
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Chip stocks rebounded Wednesday from Tuesday's slump after stronger-than-expected earnings from AI chipmakers and a report that U.S. chip-equipment export restrictions could be less stringent than expected.
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Shares of Dutch semiconductor-gear maker ASML Holding are rising on a report that the U.S. is on track to exclude some chip-equipment makers from its latest set of trade curbs.
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Shares of Dutch semiconductor-gear maker ASML Holding are rising on a report that the U.S. is on track to exclude some chip-equipment makers from its latest set of trade curbs.
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Boeing shares rose Wednesday as enthusiasm about the plane maker's new CEO offset second-quarter results that came in worse than analysts had expected.
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Mortgage applications were lower by 3.9% last week, Mortgage Bankers Association data showed.
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GSK lifted its sales and earnings projections for the year, after a strong performance by its HIV and cancer drugs drove second-quarter sales higher.
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Groupon shares sank in premarket trading Wednesday, a day after it reported an unexpected second-quarter loss.
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Advance Micro Devices shares moved sharply higher in premarket trading Wednesday after the chipmaker posted better-than-expected second quarter revenue and issued an upbeat sales outlook for the second half of the year. Monitor these key chart levels.
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News of the day for July 31, 2024
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Uber reports earnings ahead of Tuesday's open, with analysts projecting year-over-year revenue and profit growth.
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If you are eligible to have your student loans forgiven under President Biden’s new attempt at broad relief for borrowers—but don’t want it—speak now.
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Microsoft shares slipped nearly 3% in Tuesday's extended trading session after the tech giant reported better-than-expected quarterly results but missed Wall Street’s revenue estimate for its cloud segment. Monitor these important chart levels amid earnings-driven volatility.
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Microsoft executives gave investors an update on the tech giant's investments in artificial intelligence, capacity constraints, outlook, and more in the company's earnings call.
( 15
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(Bloomberg) -- Chevron Corp.’s $53 billion proposed takeover of Hess Corp. suffered another setback as an arbitration hearing to settle an ownership dispute with Exxon Mobil Corp. won’t be held until next year.Most Read from BloombergKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatIntel to Cut Thousands of Jobs to Reduce Costs, Fund ReboundLuxury Heir Alleges His $13 Billion Hermès Fortune Has VanishedUkraine Receives First F-16 Fighter Jets After Long WaitHamas Says Israel
( 67
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(Bloomberg) -- Qualcomm Inc., the world’s biggest seller of smartphone processors, gave a strong revenue forecast for the current period, indicating that demand for phones is rebounding. Most Read from BloombergKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatIntel to Cut Thousands of Jobs to Reduce Costs, Fund ReboundLuxury Heir Alleges His $13 Billion Hermès Fortune Has VanishedUkraine Receives First F-16 Fighter Jets After Long WaitHamas Says Israel Killed Political Leade
( 67
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Chip-making tools supplier Lam Research forecast September quarter revenue above Wall Street estimates on Wednesday, anticipating a surge in orders from chip firms amid the AI boom. The surge in demand for AI-powered chips has increased the need for wafer fabrication equipment, sophisticated and expensive tools essential for chip manufacturing, benefiting companies like Lam Research. The Fremont, California-based company forecast revenue for the quarter ending September 29 to be between $4.05 billion plus or minus $300 million, compared with analysts' average estimate of $4.02 billion, according to LSEG data.
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"These are significant gains, implying the S&P 500 could gain 200-300 points in the next week. This is very compelling in our view," Fundstrat said.
( 67
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Billionaire Bill Ackman is making headlines after reports that the much-hyped IPO of his investment fund Pershing Square USA is eyeing to raise just about $2 billion, significantly lower than the initial plans of $25 billion. Regardless of how this ...
( 68
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Arm Holdings shares gave back Wednesday gains in late trading after reporting its latest quarterly results and updating its outlook.
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Chip designer Arm Holdings on Wednesday reported a stronger-than-expected 39% surge in quarterly revenue, and forecast fiscal second-quarter sales broadly in line with Wall Street estimates. For the current fiscal second quarter, Arm forecast revenue in a range between $780 million and $830 million, compared with an average analyst estimate of $804.1 million, according to LSEG data. Arm's first-quarter revenue rose 39% to $939 million, exceeding analyst estimates of $902.7 million.
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The addition of artificial intelligence (AI) capabilities to smartphones has driven a resurgence in end-market demand after the industry slumped to its lowest level in years, lifting orders for chipmaker Qualcomm. The company forecast a revenue range with a midpoint of $9.9 billion for the fourth quarter, compared with analysts' average estimate of $9.71 billion, according to LSEG data. Global smartphone shipments rose 6.5% in the June quarter, according to preliminary data from International Data Corp, as momentum towards a full recovery builds.
( 66
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The new product offers bitcoin exposure with a 0.15% fee.
( 66
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(Bloomberg) -- Buy signals flashed across Wall Street Wednesday as traders grew optimistic rate cuts coming soon after Federal Reserve Chair Jerome Powell left the door open to lowering borrowing costs at the central bank’s next meeting in September.Most Read from BloombergKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatIntel to Cut Thousands of Jobs to Reduce Costs, Fund ReboundLuxury Heir Alleges His $13 Billion Hermès Fortune Has VanishedUkraine Receives First F-16 Fight
( 68
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New Boeing CEO Kelly Ortberg is "capable of fixing the management floor with his left hand and choosing the right new plane with his left hand," notes one analyst.
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The central bank's Federal Open Market Committee ended a two-day policy meeting by keeping its benchmark overnight interest rate in the 5.25%-5.50% range. Inflation, according to the Fed's statement, was now just "somewhat elevated," a key downgrade from the assessment that it has used throughout much of its battle against rising prices that inflation was "elevated."
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At a closely watched meeting Federal Reserve Chair Jerome Powell hinted that a much-anticipated rate cut will happen this year.
( 68
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Nancy Pelosi remains one of the most followed members of Congress when it comes to the disclosure of stock and options trades. The former House speaker disclosed the purchase of more NVIDIA Corporation (NASDAQ:NVDA) shares this week. What Happened: ...
( 68
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This industrial stock is ending July with a bang.
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That AI stock is climbing thanks to good news on multiple fronts.
( 67
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Investors are constantly on the hunt for stocks that offer solid returns. However, finding these stocks can be challenging and sometimes expensive. Shares of well-known companies like Apple and Microsoft can cost hundreds of dollars for just a single share. However, there are opportunities to invest in stocks with strong growth potential without spending a fortune. Penny stocks, which are priced under $5 per share, present an interesting mix of potential rewards and risks. Due to their low price
( 70
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Years ago, retirees typically traded stocks for bonds after retiring. Pensions were common, bond interest rates were higher, and people lived shorter lives, so it made sense. But times have changed, and retirees can't afford to be overly cautious now. "You're retired," says Suze Orman, "your portfolio isn't." It still needs to grow. Don't Miss: The average American couple has saved this much money for retirement — How do you compare? Can you guess how many retire with a $5,000,000 nest egg? – Ho
( 68
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Bitcoin holdings of Mt. Gox wallets are down to $3 billion from $9 billion a month ago, Arkham data shows.
( 66
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(Bloomberg) -- Lumen Technologies Inc. shares leaped 150% in July for their best monthly gain on record, as artificial intelligence deals and short covering sparked a wild run after years of vicious selling.Most Read from BloombergKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatIntel to Cut Thousands of Jobs to Reduce Costs, Fund ReboundLuxury Heir Alleges His $13 Billion Hermès Fortune Has VanishedHamas Says Israel Killed Political Leader With Airstrike in IranIsrael’s Twi
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The Oracle of Omaha, Warren Buffett, is known for many things. Most notable, probably, is his financial acumen that has amassed him a fortune north of $139 billion. But at Berkshire Hathaway’s annual shareholder meeting last year, the 93-year-old billionaire offered advice that goes beyond monetary success.“Write your obituary,” Buffett told shareholders, “and try and figure out how to live up to it.” Don't Miss: Are you rich? Here’s what Americans think you need to be considered wealthy. These
( 68
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Wells Fargo joins Morgan Stanley, Merrill and Ameriprise in facing questions over its handling of clients' uninvested cash.
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The US Dollar continues to fall against the yen, as the Bank of Japan has raised rates to a “whopping 25 basis points.” With this, traders are now waiting to see what the Federal Reserve is going to do later in the day.
( 66
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Someone with $1.5 million in assets on top of Social Security income may be able to maintain a comfortable retirement starting at 65 with the right circumstances. While this is can be a relatively strong retirement profile depending on your needs, location and risk tolerance, you’ll need to plan carefully and make some critical decisions […] The post I’m 65 Years Old, Have $500k in Cash, $1 Million in an IRA and Social Security. Should I Retire Now? appeared first on SmartReads by SmartAsset.
( 69
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Apex Capital Trust has submitted a competing offer to acquire Paramount Global in an all-cash deal for up to $43 billion, the investment firm said on Wednesday. Paramount has a 45-day "go-shop" period following the merger agreement with David Ellison's Skydance Media, during which it can receive another deal. Paramount and National Amusements did not immediately respond to Reuters' requests for comment.
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The strugglingh stock investor did a little bit of shopping on Tuesday, adding to some of her existing positions.
( 68
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(Bloomberg) -- Humana Inc. shares tumbled after the company warned of higher-than-expected inpatient hospital admissions that point toward elevated costs for the insurer.Most Read from BloombergKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatLuxury Heir Alleges His $13 Billion Hermès Fortune Has VanishedIntel to Cut Thousands of Jobs to Reduce Costs, Fund ReboundHamas Says Israel Killed Political Leader With Airstrike in IranTrump Attacks Harris, Jewish Husband Over Their S
( 55
min )
My wife and I bought long-term care policies 25 years ago when they were relatively cheap. Now, our premiums have increased for the third time to over $500 per month and will rise again in six years. I figure I’ve already paid about $72,000 in premiums. Now, in our late 70s, I’m trying to decide […] The post Ask an Advisor: Our Long-Term Care Insurance Now Costs $500 Per Month. We’re in Our Mid-70s and Have Paid $72k in Total. Should We Cancel Our Policies? appeared first on SmartReads by SmartA
( 69
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We are a dual-income couple in our mid-50s with over $2 million in our 401(k)s. Should we "sacrifice" the pre-tax benefit and switch to Roth contributions at work? -Wendy Like most tax-related questions, the answer is "it depends." Based on … Continue reading → The post Ask an Advisor: We're in Our Mid-50s and Have $2 Million in Our 401(k)s. Should We Pivot to Roth Contributions? appeared first on SmartAsset Blog.
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AMD's stock is one of the worst-valued options in tech.
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The appointment comes after months of deliberation from Boeing as it tries to salvage its reputation and addresses questions around safety after an Alaska Airlines operated MAX 9 jet experienced a mid-air panel blowout. WHO IS ORTBERG? Ortberg, 64, is a Dubuque, Iowa native and has over three decades of experience in the aerospace industry.
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The Marlboro maker, similar to other tobacco peers, has bet heavily on smoking alternatives as stricter regulation and awareness of health risks have dented demand for traditional cigarettes in some markets. Total shipments of cigarettes fell 13% in the second quarter as demand for its more expensive brands came under pressure, with cash-strapped consumers looking towards cheaper alternatives or vapes. Altria also said promotions on its brands had hurt revenue.
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Boeing on Wednesday named Kelly Ortberg as its new President and CEO.
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“I will need about $80,000 to $90,000 a year to live on to be very comfortable.”
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FedEx is branding its cargo jets by erasing the Express descriptor to signify there are no longer separate Express and Ground operations, just One FedEx. The post FedEx rebrands aircraft, ground vehicles with new logo appeared first on FreightWaves.
( 67
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Small-cap stocks are on fire in July, but the Russell 2000 is still in a technical bear market.
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The best growth stocks aren't always the ones that are capturing the spotlight.
( 69
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Chip stocks such as AI favorite Nvidia, Intel, Marvell Technology, Qualcomm, Broadcom and Arm Holdings jumped between 2% and 5.2%. At 5:39 a.m. ET, Dow e-minis were up 171 points, or 0.42%, S&P 500 e-minis were up 53.25 points, or 0.97%, and Nasdaq 100 e-minis were up 287.5 points, or 1.52%. Megacap tech and chip stocks have taken a hit this month, after steering the U.S. equity market to record highs in 2024, on euphoria around AI adoption and the prospect of early rate cuts from the U.S. Federal Reserve.
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Enterprise Products Partners is a rock-solid dividend stock.
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The job cuts, which could be announced imminently, are a response to recent earnings slumps and market share losses.
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Will the dip continue?
( 67
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There were two primary reasons for selling the floundering fintech stock.
( 67
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Shares in ASML, the largest maker of equipment used to manufacture computer chips, jumped on Wednesday following a Reuters report that implied it will be spared the brunt of new U.S.-China export restrictions under consideration. The report said the U.S. will exclude allies including the Netherlands, where ASML is based, from new restrictions on equipment sales to half a dozen Chinese chipmaking plants. "Today's news ... definitely alleviates the market's concerns as ASML had nearly half of sales from China in the first half of 2024," said Kevin Wang of Mizuho Securities.
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Griffin increased his position in a company that's reported a triple-digit increase in AI revenue.
( 68
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A modest amount of money can make patient investors notably richer if it's put to work in game-changing companies.
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Rapid growth and the demand for AI servers bode well for the company.
( 67
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Artificial intelligence (AI) colossus Nvidia has stakes in five publicly traded companies -- four of which account for almost every cent of its AI-driven portfolio.
( 70
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If SK Hynix is growing high-bandwidth memory this fast, Micron's growth will be truly shocking.
( 68
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Could this be a double whammy for stocks?
( 68
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This stock is a bargain despite recent gains.
( 68
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I continue to add growing streams of passive income to my portfolio.
( 68
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These companies are known for reliable long-term growth and are worth picking up while trading at a bargain.
( 68
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Investors should keep it simple and consider the world's premier digital asset.
( 26
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(Bloomberg) -- Chinese stocks jumped, with the onshore benchmark gauge poised for its best day in over three months, as anticipation grew for Beijing to bolster its struggling economy. Most Read from BloombergKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatLuxury Heir Alleges His $13 Billion Hermès Fortune Has VanishedIntel to Cut Thousands of Jobs to Reduce Costs, Fund ReboundTech Stocks Hit as Microsoft Down 6% in Late Hours: Markets WrapHamas Says Israel Killed Political
( 66
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Asian stocks were higher Wednesday following a decision by the Bank of Japan to raise its benchmark interest rate. Policy decisions were due later in the day from the Federal Reserve, with another expected on Thursday from the Bank of England. Japan’s benchmark Nikkei 225 recouped earlier losses, closing 1.5% higher at 39,101.82 after the central bank's decision to raise the benchmark rate to about 0.25% from 0.1%.
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(Bloomberg) -- Tokyo Electron Ltd. led a rally in Asian chip stocks after Reuters reported the Biden administration planned to exempt chip equipment makers from Japan, the Netherlands and South Korea from upcoming export restrictions.Most Read from BloombergKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatLuxury Heir Alleges His $13 Billion Hermès Fortune Has VanishedIntel to Cut Thousands of Jobs to Reduce Costs, Fund ReboundHamas Says Israel Killed Political Leader Haniyeh
( 66
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(Bloomberg) -- Japanese stocks reversed losses and the yen fluctuated as traders digested the Bank of Japan’s interest-rate increase and reduction in bond purchases. Most Read from BloombergKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatLuxury Heir Alleges His $13 Billion Hermès Fortune Has VanishedIntel to Cut Thousands of Jobs to Reduce Costs, Fund ReboundHamas Says Israel Killed Political Leader Haniyeh in IranTech Stocks Hit as Microsoft Down 6% in Late Hours: Markets
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The Biden administration plans to unveil a new rule next month that will expand U.S. powers to stop exports of semiconductor manufacturing equipment from some foreign countries to Chinese chipmakers, two sources familiar with the rule said. But shipments from allies that export key chipmaking equipment - including Japan, the Netherlands and South Korea - will be excluded, limiting the impact of the rule, said the sources who were not authorised to speak to media and declined to be identified. As such, major chip equipment manufacturers such as ASML and Tokyo Electron will not be affected.
( 67
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Microsoft shares slipped nearly 3% in Tuesday's extended trading session after the tech giant reported better-than-expected quarterly results but missed Wall Street’s revenue estimate for its cloud segment. Monitor these important chart levels amid earnings-driven volatility.
( 67
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Microsoft executives gave investors an update on the tech giant's investments in artificial intelligence, capacity constraints, outlook, and more in the company's earnings call.
( 66
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In Venetië zijn vanaf donderdag geen grote groepen toeristen meer welkom. Gidsen mogen met maximaal 25 personen op pad. Ook zijn de luidsprekers waarmee sommige gidsen werken niet langer toegestaan.
( 1
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WeTransfer wordt overgenomen door het bedrijf Bending Spoons. De Nederlandse dienst die het mensen makkelijk maakt om grote bestanden te verzenden, komt zo in Italiaanse handen.
( 1
min )
Luchtvaartmaatschappij Delta Air Lines zal forse schade leiden door de wereldwijde computerstoring eerder deze maand. Topman Ed Bastian verwacht dat het annuleren van duizenden vluchten de maatschappij ongeveer 500 miljoen dollar kost.
( 1
min )
De Europese AI-wetgeving gaat donderdag in. Met de nieuwe regels moet kunstmatige intelligentie aan bepaalde eisen voldoen. Zo kan de technologie verantwoord gebruikt worden binnen de EU. Maar het duurt nog jaren voordat alle regels van kracht zijn.
( 1
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In de eerste helft van dit jaar hebben meer mensen een werkloosheidsuitkering aangevraagd. Ook het aantal ontslagaanvragen is toegenomen, blijkt uit nieuwe cijfers van uitkeringsinstantie UWV. Maar mensen vinden snel weer werk.
( 1
min )
Honderden huurders en oud-bewoners van een woontoren in Amsterdam krijgen na een jarenlange strijd te veel betaalde servicekosten terug. Sommige huurders krijgen voor vijf jaar aan voorschotten terug van de eigenaar. Dat bedrag kan oplopen tot 4.000 euro.
( 1
min )
Er is geen toekomst meer voor de Nederlandse winkels van schoenenketen Bristol. Dat zegt CEO Elise Vanaudenhove in een interview met de Belgische zakenkrant De Tijd. Bij moederbedrijf Euro Shoe Group is vooralsnog niemand bereikbaar voor een reactie.
( 1
min )
Tientallen medewerkers van TikTok zijn dinsdag vanwege een vermoedelijke voedselvergiftiging van het hoofdkantoor in Singapore naar het ziekenhuis overgebracht. De autoriteiten onderzoeken de zaak.
( 1
min )
De Fraudehelpdesk ontving in de eerste helft van 2024 bijna 30.000 fraudemeldingen. Dat is een stijging van 38 procent vergeleken met vorig jaar. Het meldpunt ziet dat criminelen nieuwe trucs bedenken om mensen geld afhandig te maken.
( 1
min )
Statistiekbureau CBS rapporteert elke maand het inflatiecijfer. Dat komt tot stand door te kijken naar het prijsverloop van een mandje goederen en diensten waar we in doorsnee allemaal gebruik van maken. De inflatie is deze maand weer opgelopen.
( 1
min )
Prijzen zijn deze maand 3,7 procent hoger dan een jaar eerder, blijkt uit cijfers van statistiekbureau CBS. Daarmee komt de inflatie op het hoogste punt sinds juli vorig jaar.
( 1
min )
PostNL is deze week begonnen met het weghalen van zo'n 10 procent van de oranje brievenbussen. Die operatie begint achtereenvolgens in Friesland, Groningen en Noord-Holland. Daarna volgen stapsgewijs de andere provincies.
( 1
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Now down 24% from its high, is it time to pounce on Nvidia stock?
( 67
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Advanced Micro Devices reported second-quarter sales that beat analysts' expectations, driven by record revenue from its data center segment as AI demand surged.
( 66
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Intel plans to cut thousands of jobs to finance a recovery and cope with losing market share to rivals, Bloomberg News reported on Tuesday, citing people familiar with the matter. Shares of the chipmaker, which is set to report quarterly results on Thursday, were up about 1% in extended trading. The stock has slumped 40% so far this year.
( 65
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(Bloomberg) -- Intel Corp. plans to eliminate thousands of jobs to reduce costs and fund an ambitious effort to rebound from an earnings slump and market share losses.Most Read from BloombergLuxury Heir Alleges His $13 Billion Hermès Fortune Has VanishedKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatRich Hong Kong Families Sell Mansions at Discounts to Repay DebtVenezuela’s Opposition Says It Has Proof of Election FraudTech Stocks Hit as Microsoft Down 6% in Late Hours: Ma
( 67
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(Bloomberg) -- Advanced Micro Devices Inc. gave an upbeat revenue forecast for the current quarter, signaling that its new artificial intelligence processors are helping bolster growth. Most Read from BloombergLuxury Heir Alleges His $13 Billion Hermès Fortune Has VanishedRich Hong Kong Families Sell Mansions at Discounts to Repay DebtVenezuela’s Opposition Says It Has Proof of Election FraudTech Stocks Hit as Microsoft Down 6% in Late Hours: Markets WrapTesla Analyst Nearly Crashes While Using
( 32
min )
EPD earnings call for the period ending June 30, 2024.
( 87
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Former President Donald Trump accused the Organization of the Petroleum Exporting Countries (OPEC) of deliberately driving down oil prices to benefit Vice President Kamala Harris, warning that her potential presidency could be a “disaster” for the U.S. Don't Miss: A billion-dollar investment strategy with minimums as low as $10 — you can become part of the next big real estate boom today. Here’s the AI-powered startup that turns traders into influencers achieving 12% monthly growth – invest in i
( 68
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The boom in AI data centers could pay off for Lumen Technologies.
( 66
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Shares of the Santa Clara, California-based company rose more than 2% in extended trading. A rise in the adoption of generative AI technology has driven demand for powerful chips capable of handling the specific processing requirements of applications such as OpenAI's ChatGPT. The personal computer market is also recovering after its worst slump in years as the addition of on-device AI features drives a resurgence in end-market demand, aiding sales for AMD, which is among the largest providers of PC chips.
( 60
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Microsoft beat Wall Street estimates for fourth-quarter revenue on Tuesday, driven by gains from AI adoption across its cloud services and business software products. Revenue rose 15% to $64.7 billion in the quarter ended June, compared with analysts' consensus estimate of $64.39 billion, according to LSEG data.
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When it comes to saving for retirement, you’ve probably heard a million different opinions. From financial experts to your next-door neighbor to social media money gurus, everyone seems to have advice on how much you need to save. You might have even come across the figure from the Northwestern Mutual survey that says the average person thinks they need $1.46 million to retire comfortably. Don't Miss: Can you guess how many retire with a $5,000,000 nest egg? – How does it compare to the average?
( 67
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The purchase of bitcoin for a new strategic reserve would be financed partly by revaluing Federal Reserve's gold, according to draft legislation from U.S. Senator Cynthia Lummis's office. The plan proposes establishing a "Bitcoin Purchase Program" of up to 200,000 BTC a year over a five-year period. U.S. Senator Cynthia Lummis's plan for a new Strategic Bitcoin Reserve would finance purchases of the cryptocurrency partly by revaluing gold certificates held by the Federal Reserve System, according to a draft of the legislation obtained by CoinDesk.
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On a recent episode of the "Women & Money" podcast, a longtime listener named Chewy sought advice from personal finance expert Suze Orman on whether she should convert her traditional 401(k) to a Roth 401(k). Chewy shared that early in her career, she received some unfortunate advice from her employer's HR department not to do a Roth conversion because, despite maxing out her 401 (k) match, she'd be in a lower tax bracket when she retired. Now, at 45, Chewy and her husband each have around $2 mi
( 68
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Nvidia shares could be volatile in a busy earnings week.
( 67
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Jeep and Ram maker Stellantis says it will offer buyout packages to many of its U.S. white-collar workers just five days after the company's CEO said the auto industry is in the middle of a significant storm. The company told salaried workers that eligible employees will get individual offers in mid-August. The offers will be limited to certain job functions that Stellantis not identify.
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Nvidia and other chip stocks lost ground Tuesday, dragging the S&P 500 and Nasdaq down with them—here's why.
( 66
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A newly published white paper is causing a stir on Wall Street and in Washington by accusing the Treasury Department of conspiring to boost the economy for political ends, and of risking a revival of inflation in the process.
( 70
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(Bloomberg) -- US stocks were set to extend gains as traders prepared for a raft of economic data releases, US tech earnings and central bank decisions that will be critical in shaping the trajectory of market.Most Read from BloombergVenezuela’s Opposition Disputes Claim of Maduro Election VictoryHarris’ Running-Mate Search Zeroes In on Three Top ContendersRich Hong Kong Families Sell Mansions at Discounts to Repay DebtTesla Analyst Nearly Crashes While Using ‘Full Self-Driving’Maduro Regime Acc
( 33
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The numbers often differ on the size of the housing shortfall in the United States. Estimates tend to vary between 1.5 and 5.5 million units, and nearly everyone agrees we aren't building enough homes. The question of how to create more affordable ...
( 68
min )
Jeep-maker Stellantis said on Tuesday it is offering a new round of voluntary buyouts to its U.S. salaried workers, the latest in a series of cost-cutting measures CEO Carlos Tavares is placing on its American operations. Stellantis' backlog of inventory and weakened margins in the U.S. market have been a point of concern for Tavares in recent conversations with analysts.
( 66
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Johnson & Johnson (NYSE:JNJ), the world’s largest and most diverse health care firm, will report its Q3 2024 earnings on October 15. Wall Street analysts expect the health care giant to post an EPS of $2.17, down from $2.66 in the year-ago period. ...
( 68
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How much is its mistake going to cost before all is said and done?
( 67
min )
Shares of Merck & Co. tumbled Tuesday after the pharmaceutical giant cut its full-year adjusted profit guidance.
( 66
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Symbotic's recent quarterly report has raised some big questions.
( 66
min )
In an unsettling bureaucratic mishap, Kenshay Watkins of Memphis found herself in a nightmarish predicament: legally declared dead by the Social Security Administration (SSA), effectively stripping her of access to her finances and health insurance. Despite being very much alive, Watkins has faced significant challenges as she tries to correct this grave error. Don't Miss: A billion-dollar investment strategy with minimums as low as $10 — you can become part of the next big real estate boom toda
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min )
The Bank of Japan is likely to preserve the same interest rate on 31 July 2024. However, the market expects some action on stimulus policies and the details of the reduction in bond purchases.
( 66
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Microsoft Corp (NASDAQ:MSFT) users faced access issues and degraded performance with multiple Microsoft 365 services and features, according to its social network site X post. Microsoft 365 users reported outage instances at 9:26 am Tuesday, Eastern Time (ET), as per Downdetector. Close to 46% of the users reported issues with Outlook, 35% with the website, and 19% with the App, as per Downdetector. In early July, an unsuccessful update to CrowdStrike Holdings Inc’s (NASDAQ:CRWD) Falcon platform
( 66
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Reddit is fast becoming a gold mine for investing advice, with thousands of retail investors on the platform participating in discussions about dividends, retirement, stocks and cryptocurrencies daily. Recently, a young Reddit user asked for investing ...
( 68
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(Bloomberg) -- Merck & Co.’s shares fell the most in three years as light sales of its Gardasil HPV vaccine in China dimmed quarterly profit and sales that beat Wall Street estimates.Most Read from BloombergLuxury Heir Alleges His $13 Billion Hermès Fortune Has VanishedRich Hong Kong Families Sell Mansions at Discounts to Repay DebtVenezuela’s Opposition Disputes Claim of Maduro Election VictoryHarris’ Running-Mate Search Zeroes In on Three Top ContendersTesla Analyst Nearly Crashes While Using
( 67
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Robert Kiyosaki, the well-known author of “Rich Dad Poor Dad" and self-proclaimed "billionaire in debt," has once again warned about the future of traditional retirement savings plans. In a recent post on X (formerly Twitter), Kiyosaki predicted, “The S&P is next which will toast millions of 401ks and IRAs.” This statement has sparked a mix of reactions from financial experts and the public alike. Don't Miss: The average American couple has saved this much money for retirement — How do you compa
( 27
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There are plenty of different ways to invest in artificial intelligence (AI) and growing demand for computing power.
( 70
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Pfizer now expects 2024 earnings to wind up well above analyst expectations after starting the year with a forecast that disappointed Wall Street. The drugmaker also said Tuesday that sales growth for non-COVID related drugs like the blood thinner Eliquis helped it deliver a better-than-expected performance in the recently concluded second quarter. Pfizer’s adjusted earnings in the quarter totaled 60 cents per share.
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Oil refineries across Europe will be forced to shut as the West abandons fossil fuels in the race to net zero, the boss of BP has said.
( 68
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On Wednesday, Merck & Co Inc (NYSE:MRK) reported second-quarter sales of $16.1 billion, up 7% year-over-year, beating the consensus estimate of $15.84 billion. Excluding the impact of foreign exchange, sales increased 11%. Merck reported adjusted EPS of $2.28, a shift from an EPS loss of $(2.06), beating the consensus of $2.15. The pharmaceutical unit booked $14.41 billion in revenue, up 7% year over year. Growth in oncology, cardiovascular, and vaccines, partially offset by declines in diabetes
( 67
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PayPal Holdings Inc (NASDAQ:PYPL) reported fiscal second-quarter revenue growth of 8% year over year to $7.89 billion, beating the analyst consensus estimate of $7.81 billion. The company reported a quarterly adjusted EPS of $1.19, beating analyst consensus estimates of $0.98. The stock price gained after the print. Total payment volumes increased 11% year-over-year to $416.8 billion in the quarter. Payment transactions were up 8% to $6.6 billion, and the payment transactions per active account
( 67
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Alphabet just reported another solid quarter.
( 68
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I’m in my first year of required minimum distributions of $36,000, which is causing me to be taxed on my $33,000 in Social Security benefits. What is a good strategy to reduce my RMDs below $25,000 so my Social Security benefits do not become taxable? Would taking a lump sum from my pre-tax IRA and […] The post Ask an Advisor: How Do I Reduce My RMD to Just $25k So My Social Security Isn’t Taxed? appeared first on SmartReads by SmartAsset.
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If you’ve got more money, you’ve got more retirement options. High-income earners have substantial resources at their disposal, presenting the potential for massive gains and crushing losses. However, practical strategies and careful financial decisions can help you retire as a multi-millionaire. High-income earners often have different retirement needs than others. Here’s how much high-income earners […] The post How Much High-Income Earners Have Saved for Retirement appeared first on SmartRead
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I recently attended a retirement seminar at a local community college where the instructor talked about potentially higher tax rates in retirement due to the new RMD age. I have been under the impression throughout my saving career that tax … Continue reading → The post Ask an Advisor: How Can Tax Rates Be Higher in Retirement Than Your Earning Years? appeared first on SmartAsset Blog.
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ASML makes machines that nobody else does.
( 67
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Rewarding shareholders with dividends is a vital part of the investment thesis for these three companies.
( 70
min )
Find the latest New York Times Company (The) (NYT) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 46
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(Bloomberg) -- SoFi Technologies Inc. raised its forecast for this year’s profit and revenue as the fintech benefits from both its newer technology businesses and its trademark lending operation. Most Read from BloombergVenezuela’s Opposition Disputes Claim of Maduro Election VictoryHarris’ Running-Mate Search Zeroes In on Three Top ContendersRich Hong Kong Families Sell Mansions at Discounts to Repay DebtTesla Analyst Nearly Crashes While Using ‘Full Self-Driving’Maduro Regime Accuses Rival of
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Meanwhile, under CEO Alex Chriss, the payments giant has focused on improving operating margins by restructuring, aggressively cutting costs and reducing its headcount. PayPal now expects adjusted profit growth in a "low to mid-teens percentage" in 2024, compared with its April forecast of a "mid-to-high single-digit" increase. PayPal's operating margins expanded 231 basis points on an adjusted basis, to 18.5% in the quarter.
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Not every football player leaves the NFL and finds their footing in an entirely different business. In fact, many NFL players lose much of their wealth in the years after retirement. Drew Bledsoe, a number one draft pick and the former quarterback for ...
( 68
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CrowdStrike's stock has gotten hammered after the IT outage it caused.
( 68
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Procter & Gamble missed Wall Street expectations for fourth-quarter sales on Tuesday, as a cutback in spending by price-conscious consumers in the U.S. and Europe led to slower growth for its beauty and home care products. The company's fourth-quarter net sales slipped to $20.53 billion from $20.55 billion a year earlier. Analysts had expected $20.74 billion, according to LSEG data.
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The cyber outage led to more than 2,200 flight cancellations on July 19 and Delta has canceled over 6,000 flights so far since then. CrowdStrike's "Falcon Sensor" software had caused Microsoft Windows to crash and display a blue screen, known informally as the "Blue Screen of Death".
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If you are feeling hungry, here are three restaurant stocks that can dish out delicious returns for your portfolio over the long term.
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U.S. drugmaker Pfizer on Tuesday raised its annual profit forecast after reporting better-than-expected sales of its COVID vaccine and antiviral treatment. New Jersey-based Pfizer now expects annual profit to be in the range of $2.45 to $2.65 per share, compared with its prior profit forecast of $2.15 to $2.35 per share.
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Exxon is looking to build the world's largest lower-carbon hydrogen production facility.
( 68
min )
Sustainability concerns have dogged AT&T's high-yielding dividend over the past several years.
( 67
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Alphabet is one of the cheapest megacap technology stocks, despite being a leader in AI.
( 69
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These ultra-high-yield dividend stocks could be a great fit for a long-term-oriented portfolio.
( 68
min )
Hundreds of Chinese suppliers on Temu, the overseas shopping app run by PDD Holdings, staged a protest at the e-commerce giant's office in Guangzhou, alleging unreasonable platform policies, according to merchants and local Chinese media reports. Dozens of protesters stormed the PDD office on Monday afternoon, according to video clips posted on social media and confirmed as authentic by merchants. The Chinese media outlet, Yi Magazine, reported on Tuesday that about 80 merchants entered the PDD
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Will the bad news last?
( 67
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The ingredients are present for a stock market crash, which means amazing deals may soon abound.
( 64
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Investors won't have to pick winners and losers in the artificial intelligence (AI) race with this simple strategy.
( 69
min )
The stock's recent pullback is an excellent buy-the-dip opportunity for long-term investors.
( 27
min )
Prominent billionaire money managers have dumped shares of artificial intelligence (AI) kingpin Nvidia in favor of two high-octane dividend stocks sporting an average yield of 10.78%!
( 70
min )
(Bloomberg) -- BP Plc maintained the pace of its share buybacks and increased its dividend as it posted a stable profit for the second quarter. Most Read from BloombergVenezuela’s Opposition Disputes Claim of Maduro Election VictoryHarris’ Running-Mate Search Zeroes In on Three Top ContendersTraders Fret as 32-Hour Central Bank Spree Hangs Over MarketTesla Analyst Nearly Crashes While Using ‘Full Self-Driving’Maduro Regime Accuses Rival of Sabotage, Triggering ProtestsThe British oil major reite
( 31
min )
The Treasury yield curve has inverted before every recession since 1969, and the current inversion is the longest on record.
( 70
min )
Analysts at Barclays said in a note Tuesday that the recent sell-off in several tech stocks has been excessive, presenting a buying opportunity for selective investors.
( 66
min )
Forget bulking up on gold bullion, these gold stocks provide more glittering opportunities.
( 68
min )
Nvidia stock has gotten cheaper in recent days.
( 68
min )
Asian shares mostly declined in cautious trading Tuesday ahead of central bank meetings around the world. The Federal Reserve, the Bank of England and the Bank of Japan are holding monetary policy meetings this week. Japan's benchmark Nikkei 225 reversed earlier losses to rise 0.2% in afternoon trading to 38,525.95.
( 67
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(Bloomberg) -- Asian stocks fell amid speculation investors are trimming some of their holdings before a rush of events in coming days including major central bank decisions, key economic data and earnings from US megacap companies.Most Read from BloombergVenezuela’s Opposition Disputes Claim of Maduro Election VictoryHarris’ Running-Mate Search Zeroes In on Three Top ContendersTraders Fret as 32-Hour Central Bank Spree Hangs Over MarketTesla Analyst Nearly Crashes While Using ‘Full Self-Driving
( 33
min )
(Bloomberg) -- Warren Buffett’s Berkshire Hathaway Inc. disclosed its third disposal of Bank of America Corp. shares this month — paring its massive, profitable bet on the lender by a total of more than $3 billion.Most Read from BloombergVenezuela’s Opposition Disputes Claim of Maduro Election VictoryHarris’ Running-Mate Search Zeroes In on Three Top ContendersTraders Fret as 32-Hour Central Bank Spree Hangs Over MarketMaduro Regime Accuses Rival of Sabotage, Triggering ProtestsTesla Analyst Nea
( 66
min )
The chipmaker's Q2 results show it's still struggling to grow, but ON stock is worth watching because the company is one of the largest producers of silicon carbide power chips, which are increasingly being used in electric vehicles (EV) and chargers.
( 68
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The Tesla CEO had some kind words for Nvidia.
( 68
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This company has the ingredients to grow its business by 10 times.
( 68
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Advanced Micro Devices reported second-quarter sales that beat analysts' expectations, driven by record revenue from its data center segment as AI demand surged.
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Shares of Sprouts Farmers Market soared to an all-time high after the supermarket chain reported quarterly results that beat Wall Street expectations and raised its full-year guidance.
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The S&P 500 fell 0.5% on Tuesday, July 30, 2024, as tech stocks lost ground ahead of key earnings reports and a decision on interest rates from the Federal Reserve.
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The two-day meeting of the Federal Reserve's policy-setting committee started Tuesday, as central bank watchers await clues on when interest rates might be cut.
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Starbucks missed revenue expectations with its fiscal third-quarter results, driven in part by a decline in same-store sales.
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The drop—in spite of recent events, supply data—raises chance of output adjustment
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The decline was expected, as 10% of the bitcoin held by the fund was spun off to create the new Grayscale Bitcoin Mini Trust.
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Shares of Howmet Aerospace, a supplier of jet engine parts and aluminum wheels for heavy trucks, soared following a strong quarterly earnings report.
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Norfolk Southern was accused by the Department of Justice of illegally delaying Amtrak trains, according to a complaint filed Monday.
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Bitcoin's price fell after investors speculated about a sale by the U.S. government.
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Phillips 66 beat profit and sales estimates in the second quarter as midstream adjusted income jumped 23.7% year-over-year.
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Nvidia and other chip stocks lost ground Tuesday, dragging the S&P 500 and Nasdaq down with them—here's why.
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Pfizer shares rose Tuesday after the pharmaceutical giant beat second-quarter revenue expectations and raised its full-year guidance.
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Facebook parent Meta Platforms agreed to pay $1.4 billion to the state of Texas in settlement related to its collection of personal biometric data.
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JetBlue reported a surprise second-quarter profit as the airline cut back on unprofitable routes.
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Harris' wealth comes from her years in politics, book royalties, and investments
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Lattice Semiconductor shares sank in intraday trading Tuesday, a day after the company reported second-quarter revenue in its industrial and automotive segment fell by half from a year ago.
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S&P 500 companies are beating earnings expectations at an above-average rate, but investors are feeling a little less generous this round of earnings.
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The Consumer Confidence Index improved in July and were higher than economists expected.
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The National Highway Traffic Safety Administration said Tuesday that Tesla has issued a software update to address a recall over an issue where some Tesla vehicles could fail to notify drivers of an unlatched hood.
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Google parent Alphabet faces scrutiny from U.K. regulators surrounding the tech giant's partnership with artificial intelligence startup Anthropic.
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U.S. equities were mixed at midday with earnings reports in focus and ahead of a Fed decision on interest rates tomorrow.
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Shares of Merck & Co. tumbled Tuesday after the pharmaceutical giant cut its full-year adjusted profit guidance.
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Procter & Gamble posted a decline in sales of beauty products and diapers, and shares tumbled Tuesday.
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PayPal exceeded second-quarter profit and sales estimates, and raised its guidance and stock buybacks, powered by strong transactions.
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Warren Buffett's Berkshire Hathaway sold more shares of Bank of America, extending Berkshire's pullback after a runup in the bank's stock price.
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U.S.-listed shares of alcoholic beverage giant Diageo are plunging Tuesday as its full-year sales declined amid a "cautious consumer environment."
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Shares of Vista Outdoor rose in premarket trading Tuesday after the company said it was conducting a "strategic review" of its options amid a monthslong bidding war for part or all of its business.
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CrowdStrike shares are dropping following a report that Delta Air Lines has hired top attorney David Boies to pursue potential damages against the cybersecurity firm as well as Microsoft following the global IT outage on July 19.
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Tesla shares jumped more than 5% on Monday, the latest in a series of big price moves this month, after Morgan Stanley named the EV maker its top U.S. automaker pick. Monitor these key chart levels.
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News of the day for July 30, 2024
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Shares in the Chip Design Giant Have Fallen 24% from Record Close Earlier This Month
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Eigenaren van hotels in Parijs hebben hun prijzen nogmaals verlaagd. Hiermee hopen ze hun lege kamers last minute te kunnen vullen. Door eerdere prijsverhogingen staan veel hotelkamers volgens Reuters nog altijd leeg.
( 1
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Booking.com moet in Spanje een boete van 413 miljoen euro betalen omdat het zijn marktdominantie zou misbruiken. Het is de hoogste boete die de Spaanse toezichthouder CNMC ooit heeft opgelegd.
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De economie van de eurozone herstelt na de krimp van vorig jaar. In het tweede kwartaal groeide de economie met 0,3 procent, blijkt uit een eerste schatting van statistiekbureau Eurostat. Binnen de eurozone zijn er wel grote verschillen.
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China wil zijn economische beleid minder richten op de productie van goederen en meer op het stimuleren van consumentenbestedingen. De zwakke binnenlandse vraag bedreigt de economische groei van het land.
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X-eigenaar Elon Musk heeft onlangs zonder enige context een deepfakevideo gedeeld van de Amerikaanse vicepresident Kamala Harris. Daarmee overtreedt Musk de regels van zijn eigen platform.
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In juni zijn in de Europese Unie 72 procent meer Chinese elektrische auto's geregistreerd dan een maand eerder. Dat komt waarschijnlijk doordat de EU in juli importheffingen heeft ingevoerd op stekkervoertuigen uit China.
( 1
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Frankrijk heeft ondanks de politieke onrust in het land goede maanden achter de rug. De economie is een stuk harder gegroeid dan verwacht. En vanwege de Olympische Spelen wordt er meer economische voorspoed verwacht. In Duitsland was er juist een onverwachte krimp.
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De uitstoot van schadelijke stoffen door stroomproductie is in de EU in twee jaar tijd met bijna een derde gedaald, blijkt uit onderzoek van de energiedenktank Ember. De zon en de wind hebben voor het eerst meer stroom opgewekt dan fossiele bronnen.
( 1
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Nederlanders kiezen steeds vaker voor een camper. De kampeerbus is zelfs zo populair dat hun aantal met 170 procent is gestegen sinds 2010. Het aantal caravans is in die periode juist afgenomen met 11 procent.
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Het totale saldo van Nederlandse spaarrekeningen is de 480 miljard euro gepasseerd. Dat betekent dat er in vier jaar tijd meer dan 100 miljard euro aan spaargeld bij is gekomen. En de toename gaat steeds harder.
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Fund flows this year reflect tech stock domination—before the market rotation of recent weeks in which investors have shifted into small-cap stocks.
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Recent college graduates have had a harder time finding a job this summer as the unemployment rate for graduates has outpaced the national unemployment rate.
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British chip designer Arm will report first-quarter earnings for fiscal 2025 on Wednesday, with investors watching for updates on its royalty revenue and artificial intelligence chip development.
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Former Kansas City Southern CEO Patrick Ottensmeyer, who oversaw the company’s $31 billion merger with Canadian Pacific, has died, the company said Monday.
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Episode 198 of the Investopedia Express Podcast with Caleb Silver (July 29, 2024)
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The S&P 500 edged 0.1% higher on Monday, July 29, kicking off a trading week that will feature a Fed policy meeting and a slate of tech earnings reports.
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Apple released a beta version of the new iOS 18.1 to developers, offering a first look at some of its artificial intelligence features, in a move that could boost confidence in the iPhone maker's AI potential.
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McDonald's shares gained Monday despite posting an earnings miss as executives on the company's earnings call focused on the fast-food giant's outlook for the rest of the year and the success of its $5 value meal.
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Solar power stocks dipped following a report about an FBI warning of the potential for hackers to hit the renewable energy sector.
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The Food and Drug Administration delayed its approval decision for a leukemia drug from Syndax Pharmaceuticals after receiving more information.
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Financial markets are betting that, in the year ahead, the Federal Reserve is going to cut interest rates as drastically as it typically does during recessions. But market predictions on rates have a poor track record of panning out.
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Guardant Health said Monday that its colorectal cancer-screening blood test has received approval from the U.S. Food and Drug Administration, sending shares higher.
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Abbott Laboratories shares came under pressure Monday after a jury in St. Louis ruled on Friday that the company must pay $495 million in compensation and damages in a lawsuit involving the company's premature infant formula.
( 16
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Bitcoin briefly topped $71,000 early Monday, riding high on the optimism from the Bitcoin 2024 conference in Nashville over the weekend, before giving up those gains.
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Reddit will report second-quarter earnings on Aug. 6, with investors likely watching for growing user engagement and updates on licensing deals for artificial intelligence training.
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Alibaba Group Holding reportedly announced plans to institute a software service fee for merchants, sending its American depositary receipts (ADRs) higher Monday.
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U.S. equities gained at midday Monday, ahead of earnings from big tech firms and a decision on interest rates from the Federal Reserve due later in the week.
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Marvel Studios' "Deadpool & Wolverine" helped give AMC Entertainment its best weekend of ticket sales and attendance so far this year, along with its best weekend of food and beverage sales in five years.
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Group Including Steven Mnuchin in Pact to Acquire Enstar Group
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Onsemi shares surged Monday after the chipmaker reported better-than-expected revenue and highlighted gains in the automotive industry.
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Inspire Medical Systems expects second-quarter sales to be 30% higher than a year ago.
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Medical equipment maker Revvity reported second-quarter profit and sales that exceeded estimates on higher demand for its diagnostic products.
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Apple reportedly may not release its new artificial intelligence features until after its software overhaul planned for September, in what could be a setback for the iPhone maker amid anticipation for an AI-fueled upgrade cycle.
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American depositary receipts (ADRs) of Philips jumped Monday as the Dutch conglomerate reported second-quarter earnings that included comparable sales growth amid what the company called a "challenging macro environment."
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McDonald's reported second-quarter earnings below analysts' expectations Monday as sales decreased across most of the fast-food giant's markets.
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News of the day for July 29, 2024
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Apple Will Also Release Earnings This Week
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Shares Rose 23% Friday, the Largest-Ever One-Day Percentage Gain for the Dow Component
( 21
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(Bloomberg) -- QXO Inc., a company that had boasted an implied valuation of more than $90 billion at one point last week, burned some investors badly late Monday when its thinly-traded shares spiraled sharply downwards.Most Read from BloombergVenezuela’s Opposition Disputes Claim of Maduro Election VictoryHarris’ Running-Mate Search Zeroes In on Three Top ContendersTraders Fret as 32-Hour Central Bank Spree Hangs Over MarketMaduro Regime Accuses Rival of Sabotage, Triggering ProtestsFrench Inter
( 67
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Super Micro Computer (SMCI), which specializes in high-performance computing and server solutions, is among the many victims of the tech sell-off. However, with the stock falling, the company’s valuation metrics are starting to look even more attractive, with the price-to-earnings-to-growth (PEG) ratio falling to 0.62x (1.0x or less is generally considered to be undervalued), inferring that the stock is deeply discounted. Despite the rotation out of tech stock, the supportive trends in artificia
( 68
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In some cases, there may be a right and wrong time to take Social Security benefits.
( 68
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The term “upper class” evokes images of wealth and privilege. But what does it truly mean in terms of income? While there’s no definitive line, households in the top 20% of earners are generally considered upper class. According to the U.S. Census Bureau, the median household income in 2022 was $74,580. To reach the upper class in 2024, you’d typically need an income exceeding $153,000 – more than double the national median. Don't Miss: Are you rich? Here’s what Americans think you need to be co
( 68
min )
While the set-it-and-forget-it retirement strategy is attractive to many, financial expert Suze Orman warns that you could be sitting on a financial disaster down the road without some simple financial housekeeping. Like other housekeeping tasks, financial housekeeping is rarely as bad as it seems – and you’ll feel great when it’s done. Here are the steps that can help save you $100,000 or more and make sure your money is working for you and not against you: Don't Miss: A billion-dollar investme
( 68
min )
(Bloomberg) -- Hedge funds are rapidly unwinding their bets in industrials stocks, and rotating into the corners of the market exposed to commodities, such as energy and materials, amid growing geopolitical risks and concerns about economic slowdowns in the US and China.Most Read from BloombergVenezuela’s Opposition Disputes Claim of Maduro Election VictoryHarris’ Running-Mate Search Zeroes In on Three Top ContendersTraders Fret as 32-Hour Central Bank Spree Hangs Over MarketFrench Internet Line
( 68
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In a recent viral video titled "I'm Homeless, and I Make $87,000 A Year," Dave Ramsey shared the story of a woman named Marie, who found herself living out of a hotel despite earning a decent salary. Don't Miss: The average American couple has saved this much money for retirement — How do you compare? Can you guess how many retire with a $5,000,000 nest egg? – How does it compare to the average? Marie, an occupational therapist, moved to Philadelphia for a relationship that ultimately didn't wor
( 68
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Although geopolitics and interest rates can affect stock prices over short periods, in the long run, a company's earnings and revenue growth will separate the better stocks from the also-rans. Many investors focus each quarter on whether the company ...
( 69
min )
"If they don’t make money, we’ll shut them down," CEO says.
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These are the upcoming stock splits for the week of July 29 to August 2, based on TipRanks’ Stock Splits Calendar. A stock split is a corporate action in which, the company issues additional common shares to increase the number of outstanding shares of the company. Accordingly, the stock price of the company’s shares decreases, which maintains the market capitalization before and after the split. In contrast, there are also reverse stock splits that reduce the number of outstanding shares (conso
( 68
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A Chinese automotive glass maker says it was not the target of a federal investigation that temporarily shut down production last week at its Ohio plant, the subject of the Oscar-winning Netflix film “American Factory”. The investigation was focused on money laundering, potential human smuggling, labor exploitation and financial crimes, Homeland Security agent Jared Murphey said Friday. Fuyao Glass America said it was told by authorities that a third-party employment company was at the center of the criminal investigation, according to a filing with the Shanghai Stock Exchange.
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It's facing negative market sentiment, but that could change this week.
( 68
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Following an endorsement from Joe Biden and strong backing from her party delegates, Kamala Harris looks set to be the official presidential nominee for the Democratic Party. With that, everyone is now interested in her net worth and investment ...
( 68
min )
Taiwan Semiconductor Manufacturing plays a critical role in the development of AI chips.
( 68
min )
One of the biggest drags on Ford's bottom line shows evidence of improvement.
( 67
min )
Making a retirement budget calls for considering not only income but also expenses. With $2,700 monthly from Social Security and $715,000 in 401(k) accounts invested and distributed conservatively, a couple may be able to expect about $61,000 in annual income. This is close to the annual expense level reported by the average retiree. However, individual […] The post We’re 66 With $715k in 401(k)s and $2,700 Social Security Between Us. What’s Our Retirement Budget? appeared first on SmartReads by
( 34
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Alphabet upgraded, Arm downgraded: Wall Street's top analyst calls
( 67
min )
The vice president appeals to younger voters turned off by the baby-boomer-ification of American politics.
( 68
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With $1 million in a 401(k) and no mortgage on a $500,000 home, retirement at 60 may, in fact, be possible. However, retiring before eligibility for Social Security and Medicare mean relying more on savings. So deciding to retire at 60 calls for careful planning around healthcare, taxes and more. At any age, deciding whether […] The post My Wife and I Have $1 Million in a 401(k) and Fully Own a $500k Home. Can I Retire in 5 Years at 60? appeared first on SmartReads by SmartAsset.
( 69
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Ford likely won't agree to this, but if they want to put shareholders first, they would consider this big move.
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As investors brace for the upcoming election, the potential impacts of each candidate on the economy and its subsections are a hot topic for many. While Trump is campaigning on a platform to improve the economy and the average American, is this true? Don't Miss: Here’s the AI-powered startup that turns traders into influencers achieving 12% monthly growth – invest in it at only 10 cents per share. Don’t miss out on the next Nvidia – you can invest in the future of AI for only $10. According to a
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One preliminary piece of evidence is sending its shares higher.
( 68
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JPMorgan Chase says ongoing inflation and an outlook for sharply lower returns for investors means that retirees should toss the long-standing 4% rule. That's the rule that says retirees can safely draw down their savings by 4% per year without … Continue reading → The post JPMorgan Says You Can Safely Withdraw This Much From Your Retirement Accounts Yearly appeared first on SmartAsset Blog.
( 69
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AI-driven exuberance has not made every tech stock pricey.
( 67
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(Bloomberg) -- Reckitt Benckiser Group Plc plunged to an 11-year low on Monday after a verdict against Abbott Laboratories intensified concerns over infant formula lawsuits faced by both companies.Most Read from BloombergHarris’ Running-Mate Search Zeroes In on Three Top ContendersVenezuela’s Opposition Disputes Claim of Maduro Election VictoryApple's AI Features Rollout Will Miss Upcoming iPhone Software OverhaulTraders Fret as 32-Hour Central Bank Spree Hangs Over MarketTrump’s Campaign Agains
( 21
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One market in particular is too lucrative for it to miss out on any longer.
( 68
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As the Kamala Harris campaign gains momentum, much of Silicon Valley is getting engaged in the process. Reid Hoffman, the billionaire creator of LinkedIn, was already a supporter of the Biden-Harris ticket and has donated a reported $7 million to the ...
( 21
min )
News of the day for July 29, 2024
( 67
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Roche's latest breakthrough could be a game changer, but it's still too early to say.
( 68
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Investors should keep an eye on this little generative AI company.
( 68
min )
Find the latest Carrier Global Corporation (CARR) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 47
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Artificial Intelligence is still in its early days, and these stocks are set to be long-term winners.
( 68
min )
Find the latest HireQuest, Inc. (HQI) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 46
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Nvidia, Alphabet, Amazon.com, Meta Platforms and Tesla were up between 0.5% and 0.8% in premarket trading, after a recent sell-off in megacap tech shares saw Wall Street's main stock indexes spiraling down last week. The three major U.S. stock indexes jumped more than 1% on Friday after hopes of an early start to monetary policy easing were boosted by an encouraging U.S. inflation report, close on the heels of recent data signaling a loosening jobs market.
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Any of these three stocks could be the backbone of a solid dividend portfolio.
( 68
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The market may have overreacted to a disappointing earnings report.
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If analysts are right, these two stocks could soar by more than 30%.
( 67
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The legendary investor's favorite ETF has been a big moneymaker over the long run.
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These stocks are reliable sources of significant passive income.
( 67
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Michael Saylor, the executive chairman of MicroStrategy, delivered an optimistic keynote address on Friday at the Bitcoin 2024 conference in Nashville.
( 66
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The Oracle of Omaha's short-term actions and long-term ethos don't always mesh.
( 69
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Buyer beware! These high-flying stock-split stocks are rife with headwinds.
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The company could report big news.
( 68
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Tom Lee at Fundstrat Global Advisors believes cheap valuations and interest rate cuts will send the Russell 2000 much higher by the end of the summer.
( 68
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This ETF enables me to generate income and participate in the Nasdaq's upside potential.
( 68
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Revenues saw a 9% increase, reaching $12.2bn from $11.2bn in Q2 2023.
( 66
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Global hedge funds ditched bets against European stock markets at the fastest pace in 10 years amid a raft of better-than-expected company results, according to a Goldman Sachs note to clients seen by Reuters on Monday. Hedge funds, which have mostly been betting against Europe's stock markets, unwound both short and long trades over the two weeks to July 26 at the highest rate in about a decade, said the Goldman research note sent to clients on Saturday. Hedge fund positions in single stocks have been a driver for equity price swings this year.
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Should you get in on this stock now?
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These fast-growing companies could make you richer in retirement.
( 68
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A jury late on Friday found Abbott's specialized formula for premature infants caused an Illinois girl to develop a dangerous bowel disease, a decision the company plans to appeal. Close to 1,000 lawsuits have been filed against Abbott Labs, Reckitt, or both, in U.S. federal or state courts. Abbott and Reckitt have denied the claims.
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These companies have plenty of power to continue paying attractive dividends.
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Investors should be looking to take advantage of the dip in the price of copper, and this stock is an ideal way to do that.
( 68
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(Bloomberg) -- Alibaba Group Holding Ltd. shares rose the most in two months as investors cheered the e-commerce company’s plan to earn more service fees from merchants.Most Read from BloombergHarris’ Running-Mate Search Zeroes In on Three Top ContendersVenezuela Opposition Rejects Maduro Election Win; US ConcernedTrump’s Campaign Against Harris Is Like Him: Old and TiredApple's AI Features Rollout Will Miss Upcoming iPhone Software OverhaulVenezuela’s Silence on Election Results Draws Global Co
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The future will be battery-powered, we are told. Silent electric cars will replace their gas-guzzling predecessors. Energy storage packs will power houses and offices, filled with the electricity generated by wind and solar. Eventually electric ships and aeroplanes will help eliminate emissions altogether. The electrified economy will need terawatts of storage.
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Asian stocks started the week with gains ahead of central bank policy meetings in the United States and Japan, after a broad rally on Wall Street that capped a tumultuous week. U.S. futures and oil prices rose. In Tokyo, the Nikkei 225 index surged 2.5% to 38,587.87.
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Shares of Japanese automaker Mitsubishi Motors rose more than 6% on Monday following local media reports the company is in talks to join an alliance between Nissan Motor and Honda Motor. The three Japanese automakers are considering teaming up to standardise in-vehicle software that controls cars, several media outlets, including Kyodo and the Nikkei business newspaper, said. Spokespeople for all three companies declined to comment.
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(Bloomberg) -- Asian shares tracked gains on Wall Street to rise on Monday, heading into a week of major central bank decisions and big tech earnings releases.Most Read from BloombergHarris’ Running-Mate Search Zeroes In on Three Top ContendersTrump’s Campaign Against Harris Is Like Him: Old and TiredApple's AI Features Rollout Will Miss Upcoming iPhone Software OverhaulHarris’ Favorability Rating Rises to 43% in ABC News/Ipsos PollYellen Rebuffs Trump Argument on Dollar Hurting US Manufacturing
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These companies could dethrone Apple from its position as the world's most valuable company.
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Vakantiegangers die vanaf Rotterdam The Hague Airport (RTHA) vliegen, kunnen deze zomer vaker te maken krijgen met oponthoud bij de bagageband. Het bedrijf dat de koffers in en uit de vliegtuigen laadt, heeft te maken met onderbezetting.
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McDonald's heeft voor het eerst sinds 2020 de verkopen in het tweede kwartaal zien dalen. De fastfoodketen merkt dat mensen door de inflatie wereldwijd minder uitgeven. Daarnaast heeft het bedrijf financieel last van de anti-Israëlboycot.
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McDonald's heeft voor het eerst sinds 2020 de verkopen in het tweede kwartaal zien dalen. De fastfoodketen merkt dat mensen door de inflatie wereldwijd minder uitgeven. Daarnaast heeft het bedrijf financieel last van de anti-Israëlboycot.
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Philips gaat de rechtszaak die Europese gedupeerden van de slaapapneuaffaire voorbereiden "rigoureus aanpakken". Dat zegt topman Roy Jakobs van Philips, die benadrukt verder niks kwijt te willen en zichzelf goed te zullen verdedigen.
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Snellaadbedrijf Fastned merkt dat steeds meer mensen op vakantie gaan met een elektrische auto. In juli is het aantal Nederlanders die gebruikmaken van elektrische laadstations al met bijna 50 procent toegenomen vergeleken met een jaar eerder, laat het bedrijf weten.
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Philips ontvangt ruim 500 miljoen euro van zijn verzekeraars na de afwikkeling van het slaapapneuschandaal. Dat blijkt bij de presentatie van kwartaalcijfers. Van de 816 miljoen euro operationele winst die het bedrijf in het tweede kwartaal in de boeken zette, is 538 miljoen euro verzekeringsgeld.
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De oprichter van uitzendconcern Randstad Frits Goldschmeding is overleden. Hij is 90 jaar geworden, heeft Randstad naar buiten gebracht.
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Een aantal luchtvaartmaatschappijen vliegt voorlopig niet naar de Libanese hoofdstad Beiroet. Na een raketaanval op de door Israël bezette Golanhoogvlakte van zaterdag is de dreiging toegenomen. Daarbij is een voetbalveld geraakt en zijn twaalf kinderen om het leven gekomen.
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De koers van de bitcoin is maandag gestegen naar het hoogste niveau sinds half juni. De oorzaak volgens beleggers: de Amerikaanse presidentskandidaat Donald Trump prees afgelopen weekend tijdens een conferentie cryptomunten de hemel in.
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Former Rockwell Collins chief Kelly Ortberg has joined the list of outside contenders under serious consideration by Boeing as its next CEO, The Air Current reported on Sunday, citing industry officials.
( 65
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How much longer can this rocket ship rally last?
( 68
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Jeremy from Tulsa, Oklahoma, received some eye-opening advice from personal finance expert Dave Ramsey during an episode of the popular Ramsey Show. Here's what went down during the exchange. Ramsey is known for his blunt and honest advice, which caller Jeremy experienced firsthand when he asked the finance guru whether he should buy rental properties as an investment while still in debt. Jeremy explained his situation to Ramsey, saying that he and his wife are currently in massive debt from stu
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Taiwan’s Premier Cho Jung-tai has announced a sweeping economic and social reform plan, aiming to attract nearly $100 billion in investments. This comes after former President Donald Trump said “Taiwan should pay us for defense.” What Happened: The reform plan would focus on energy, artificial intelligence, and infrastructure. The strategy includes appealing to Taiwanese investors disillusioned with conducting business in China, a trend the government aims to capitalize on, said Premier Cho in a
( 68
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Disha Spath and her husband went from $750,000 in debt to an over $1 million net worth in a few years by embracing the FIRE movement.
( 34
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A surprising number of renters could afford to buy a home, according to a new Zillow Analysis. Despite 39% of U.S. families renting in 2022, nearly 8 million qualified as "income mortgage-ready." This means they could likely handle a mortgage payment for a typical home in their area without exceeding 30% of their income. Don't Miss: A billion-dollar investment strategy with minimums as low as $10 — you can become part of the next big real estate boom today. If there was a new fund backed by Jeff
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Well-known entrepreneur and TV personality Kevin O'Leary recently spoke on Fox News about taxing the rich in response to a caller stating, "I just want an America where I have the chance to pay less in taxes than people like Kevin O’Leary." O'Leary expressed concerns about the political rhetoric that targets successful entrepreneurs and the potential repercussions of consequential policies on the American economy. Don't Miss: How do billionaires pay less in income tax than you? Tax deferring is
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Amazon, Apple, Meta and Microsoft Will Release Quarterly Results This Week
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No single stock is an island, and you should definitely build a diversified stock portfolio. But some stocks are better wealth-builders than others, and you could hold this undervalued tech giant for the long haul.
( 69
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3M Company (NYSE:MMM) shares are trading higher after reporting better-than-expected second-quarter 2024 results. The company reported second-quarter net sales of $6.255 billion, a slight decline of 0.5% year-over-year. Adjusted net sales totaled ...
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This fast-casual dining chain continues to prove why it's a leader in the restaurant industry.
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Last year’s bull market, dominated by mega-cap tech stocks, has shifted this year to favor smaller, lesser-known companies. This shift in momentum is driven by a set of economic factors supporting a positive sentiment. Most prominent among those factors is the slowing rate of inflation. While prices remain elevated compared to four years ago, the slowing rate of increase bodes well – and backs up the conventional wisdom that the Federal Reserve will initiate further interest rate cuts and provid
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Home Depot founder Ken Langone recently shared his investment wisdom on the American Optimist podcast.
( 68
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While many start-up EV makers are grappling with difficult headwinds, Rivian continues to shine.
( 67
min )
(Bloomberg) -- The violent rotation out of Big Tech has dragged the Nasdaq 100 Index down 8% in just over two weeks, leaving it on the cusp of a correction. Whether it can avoid that dubious milestone will likely come down to earnings from a quartet of companies worth nearly $10 trillion combined.Most Read from BloombergHarris’ Running-Mate Search Zeroes In on Three Top ContendersThat Sudden Market Drop Was Scary for Investors But Long OverdueTrump Gets Upstaged by RFK Jr.’s Claims of ‘Bitcoin F
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Many companies have performed stock splits this year as the bull market continues to run.
( 62
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Altria stock appears to offer a reliable 8% dividend yield. Is it too good to be true?
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UPS' historically high yield is a compelling passive income opportunity.
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In my 401(k) retirement plan, I’m 82% stocks. I’m 65 and still working. Should I be moving my stocks to bonds? -Bob While it's not a satisfying answer, the real answer is that "it depends." The decision of whether to shift your 401(k) to a more conservative asset allocation will depend primarily on your longer-term […] The post Ask an Advisor: ‘Should I Be Moving Stocks to Bonds?’ I’m 65 and Have 82% of My 401(k) in Equities appeared first on SmartReads by SmartAsset.
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The government offers several incentives for retirement accounts like 401(k)s. For instance, they're a tax-deferred investment, meaning you won't pay taxes on them until you withdraw. 401(k) deposits also don't count as taxable income during the year that you make them, … Continue reading → The post Using Your 401(k) to Pay Off Your Mortgage appeared first on SmartAsset Blog.
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Both companies are enjoying spectacular AI sales boosts.
( 68
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This booming ETF currently trades slightly off its record levels.
( 67
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Microsoft's growth story usually steals the spotlight, but the dividend streak could be another reason to take notice.
( 66
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These companies offer high-yielding dividends that should continue rising.
( 68
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Looking for high-yield stocks that can keep paying you through thick and thin? This trio of financials will be right up your alley.
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Investing in equal parts of these blue chips produces an average yield of 2.8%.
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This fintech specialist needs to be on your investment radar.
( 67
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Taiwan Semi's stock hasn't felt the effects of a great quarter yet.
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Sometimes a beaten-down stock can present a valuable opportunity.
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This fund is a passive income powerhouse, with hundreds of reliable value and dividend stocks.
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Ozempic could pile up a lot more indications in the years ahead.
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Verizon, Dow Inc., and Chevron top the list for yield in the Dow 30. All three come with caveats.
( 68
min )
This little hydrogen energy company still has a lot to prove.
( 68
min )
Building a great portfolio requires checking the right boxes.
( 68
min )
Tesla's electric vehicle business is shrinking, but Cathie Wood and Ark Investment Management are bullish on the company's other opportunities.
( 69
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These companies have bright futures in AI and offer investors a nice cash bonus.
( 68
min )
One more strong quarter might be all these stocks need to rocket higher.
( 67
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The U.S. needs more electricity, and few companies can deliver it faster and cheaper than NextEra Energy.
( 67
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Buffett says investors can expect solid results from this top stock.
( 68
min )
The giant coffee shop chain needs to make changes, and an outside perspective could help clarify what ought to be done.
( 68
min )
The Ohio senator might regret this investing decision.
( 67
min )
Learn which three stocks are poised to top the list in 2029.
( 68
min )
Medical Properties Trust continues to take positive steps toward a stronger future.
( 62
min )
Nvidia has been the poster child for the accelerating adoption of AI, but one competitor could outpace its returns by 2030.
( 68
min )
Legendary investor Warren Buffett has owned these stocks for a long time -- here's why you should buy them, too.
( 68
min )
Stocks like Coca-Cola are a common theme in the portfolios of Bill Gates, Warren Buffett, and Ray Dalio—this is why.
( 68
min )
The stock is up 250% in three years on growth in GLP-1 medications.
( 68
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Filing for Social Security at 62 means facing the largest reduction in benefits possible. Here's why I now think that might make sense.
( 68
min )
Nvidia could be a $3 trillion company by the end of 2024, and Alphabet could join the club by the end of 2025.
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These companies are paving the way to future growth and market share in their respective industries.
( 69
min )
Consistency and tempering emotions are essential for building an everlasting portfolio.
( 69
min )
The mega-cap stocks that have been the biggest winners in the current bull market might not lead the way going forward.
( 68
min )
Nvidia's stock is now down 20% from its all-time intra-day high. How far could Wall Street's artificial intelligence (AI) darling fall before finding its footing?
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Chinese automotive glass maker Fuyao Glass Industry Group said the United States government agencies searched its subsidiary on July 26 in Ohio as part of an ongoing investigation into a third-party labour services company. Fuyao Glass America Inc was not the target of the investigation, Fuyao quoted the U.S. authority as saying, in a filing to the Shanghai Stock Exchange. Local media earlier quoted a U.S. Homeland Security Investigations spokesperson as saying that their special agents are serving search warrants at Fuyao Glass's unit and 27 other locations as part of an investigation into "allegations of financial crimes and labour exploitation."
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If there's one thing you can learn from history, it's that you can't count on mortgage REIT dividends. Cuts are a part of the story.
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The market's just not seeing the bigger picture here. It will soon enough.
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Why are profits about to drop?
( 68
min )
Investors still have ample opportunity to gain from Nvidia's 127% stock surge so far in 2024.
( 68
min )
This AI stock could deliver better-than-expected results thanks to TSMC's supply chain investments.
( 68
min )
While Nvidia is currently leading the AI revolution, the stock simply isn't for everyone.
( 69
min )
This top tech enterprise has produced a fantastic return in recent years.
( 67
min )
(Bloomberg) -- Federal Reserve officials are on the verge of lowering borrowing costs within months, a move Chair Jerome Powell may signal in the coming week as the risks grow of imperiling a solid but moderating job market. Most Read from BloombergHarris’ Running-Mate Search Zeroes In on Three Top ContendersThat Sudden Market Drop Was Scary for Investors But Long OverdueTrump Gets Upstaged by RFK Jr.’s Claims of ‘Bitcoin Fort Knox’Trump Risks Losing Voters He Needs With Loaded Attacks on Harris
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min )
Japan's Mitsubishi Motors is set to join an alliance between Honda Motor and Nissan Motor, creating an auto group with combined sales of more than 8 million vehicles, the Nikkei business daily said on Sunday. Nissan and Honda said in March they were considering a strategic partnership to collaborate on producing key components for electric vehicles and artificial intelligence in automotive software platforms.
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Amazon, Apple, Meta and Microsoft Will Release Quarterly Results This Week
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Coming up: Fed rate decision, jobs report, earnings from Apple, Microsoft, Amazon, and Meta
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Op Rotterdam The Hague Airport moesten veel passagiers zondag lang wachten op hun bagage. Dat komt door personeelstekorten bij de afhandelaar, zei een woordvoerder tegen persbureau ANP eerdere berichtgeving door Rijnmond.
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Niet iedereen heeft even vaak pech, dus sommigen claimen meer bij hun verzekering dan anderen. Het kan de verzekeraar ook teveel worden. Die kan na reeks van verzekeringsclaims besluiten om je verzekering te beëindigen. Maar dat gebeurt niet zomaar.
( 1
min )
Het aantal vakantiebanen in Nederland blijft groeien. Dat constateert Indeed, naar eigen zeggen de grootste vacaturesite van Nederland. Vooral naar horecamedewerkers, huishoudelijke hulpen, schoonmakers en verkoopmedewerkers wordt gezocht.
( 1
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De reparaties bij hogesnelheidslijnen in Frankrijk na de sabotageactie zijn "volledig afgerond", meldt de Franse spoorwegmaatschappij SNCF zondag. Vanaf maandag zijn er "geen vertragingen" meer voor reizigers.
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Bedrijven kijken steeds vaker en verder over de grens om hun vacatures te vervullen. Dat ziet ook het UWV, dat in de eerste helft van dit jaar 18.800 aanvragen heeft ontvangen van bedrijven die werknemers van buiten de EU in dienst willen nemen.
( 1
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Bedrijven kijken steeds vaker en verder over de grens om hun vacatures te vervullen. Dat ziet ook het UWV, dat in de eerste helft van dit jaar 18.800 aanvragen heeft ontvangen van bedrijven die werknemers van buiten de EU in dienst willen nemen.
( 1
min )
The solid-state battery maker still has a lot to prove.
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min )
Microsoft's next chapter will revolve around AI.
( 62
min )
The stock is poised to crush the market over the next decade and beyond.
( 68
min )
Verra Mobility's stock has risen significantly over the last 18 months, but it might just be getting started.
( 68
min )
The tobacco giant is replacing profits with new nicotine products.
( 67
min )
The index has been on a breathtaking run, but some S&P 500 stocks still have big upside, according to Wall Street.
( 27
min )
SoFi is down 24% this year. Is now a good time to invest in the fintech?
( 62
min )
The future isn't as bleak as it might seem right now.
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min )
Shares of C3.ai have underperformed the broad market so far this year.
( 68
min )
Realty Income is the industry giant and Agree Realty is a budding upstart. Which one you'll want to own depends on your investment goals.
( 68
min )
This e-commerce giant is taking the world by storm.
( 67
min )
Suze Orman, renowned for giving financial advice on her "Women & Money" podcast, recently advised a woman looking to open brokerage accounts for her four grandchildren, aged 7, 5, 2, and two months. Now retired with her husband, Cheryl wants to help her grandchildren secure their financial futures instead of "wasting money on junk." Orman, however, expressed that a brokerage account was the wrong way to go and offered an alternative suggestion. Don't Miss: Are you rich? Here’s what Americans thi
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The investing portfolios of former Speaker of the House Nancy Pelosi and Vice President Kamala Harris may differ, with a preference of individual stocks versus exchange traded funds. What Happened: With President Joe Biden dropping out of the 2024 election, Harris is the favorite to secure the Democratic Party nomination and has received endorsements from many people, including Pelosi. While they are both Democrats and key political figures, Harris and Pelosi differ when it comes to investing. P
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min )
Investors looking to benefit from the growing adoption of AI smartphones should consider buying this chip stock while it is still cheap.
( 67
min )
Both companies saw strong performance this year, but CrowdStrike's recent technical outage could be a turning point.
( 68
min )
Investors shouldn't be too quick to punish a company if it whiffs on an analyst estimate.
( 67
min )
With interest rates expected to decline, high-yield dividend stocks offer attractive income potential and possible capital appreciation.
( 68
min )
People who make over $100,000 are finally joining the cutback club, new data show.
( 68
min )
Victims of Zelle fraud are entitled to more reimbursement than they’re getting, lawmakers say.
( 70
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(Bloomberg) -- The latest earnings reports are fanning two worries that were already gnawing away at the US stock market: That the euphoria about artificial intelligence had run too far and that — at some point — consumers spending will start to stall. Most Read from BloombergTrump Risks Losing Voters He Needs With Loaded Attacks on HarrisParis Sticks to Olympics Opening Event Plans After Rail SabotageJD Vance’s ‘Cat Ladies’ Insult Sparks Criticism of Trump’s VP PickKamala Harris Narrows Gap Wit
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These stocks are trading on sale, but a closer look from investors is warranted.
( 69
min )
Even if you have a modest amount to invest, building a small position in great companies can get you started.
( 69
min )
Imagine your child is getting married and you want to help pay for their wedding. You’ve been saving for years and now have $30,000 set aside for their big day, which you plan to hand over in the form of a check. However, before you pass along that much cash, it’s important to understand the […] The post Do I Need to Worry About the Gift Tax If I Pay $30,000 Toward My Child's Wedding? appeared first on SmartReads by SmartAsset.
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I currently have $680,000 in a 401(k), $150,000 in savings and a pension of $1,600 per month. Can I retire at age 62? – Hieu This is a good question and the answer depends primarily on what your expenses are and how much you will collect from Social Security. What we can do here is […] The post Ask an Advisor: I Have $680K in a 401(k), a Monthly Pension of $1,600 and Another $150K in Cash. Can I Retire at 62? appeared first on SmartReads by SmartAsset.
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It's a great time to invest in wonderful stocks.
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‘My loan term is 30 years, but I will be gone long before that’
( 68
min )
These top companies can grow your savings.
( 69
min )
From growth opportunities to foreign markets, the Peach State representative is a lot more diversified after picking up these Vanguard ETFs.
( 68
min )
Nvidia's stock has been on an unprecedented run over the past year-and-a-half.
( 33
min )
(Bloomberg) -- After years of earning envy-inducing profits by way of relentless frugality, Stellantis NV’s Carlos Tavares cut too deep.Most Read from BloombergTrump Risks Losing Voters He Needs With Loaded Attacks on HarrisParis Sticks to Olympics Opening Event Plans After Rail SabotageFed’s Favored Price Gauge Rises at Mild Pace, Spending Holds UpJD Vance’s ‘Cat Ladies’ Insult Sparks Criticism of Trump’s VP PickThe Private Equity Staffer With a Shot at Olympic GloryThe owner of the quintessent
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Intel is a better bargain and has an increasingly diverse position in AI.
( 69
min )
Coinbase has shown remarkable growth and potential, but it might just be getting started.
( 68
min )
Is it safe to buy Johnson & Johnson stock now?
( 67
min )
Nike is a compelling turnaround opportunity.
( 68
min )
This REIT provides income and stability for my portfolio.
( 33
min )
One of these two AI stocks is outperforming the other so far this year. And it could continue to do so.
( 68
min )
There isn't a one-size-fits-all answer about when to claim Social Security retirement benefits.
( 68
min )
When these three companies are all saying the same thing, it's important to listen.
( 68
min )
The stock rose 120% in one trading session earlier this year on positive clinical trial news.
( 68
min )
Growth catalysts are unfolding for these tech stocks.
( 67
min )
Here are the three factors that will determine how big Rivian gets.
( 68
min )
This midstream energy leader looked too good to pass up.
( 67
min )
Mad Money host Jim Cramer and technology analyst Beth Kendig believe Nvidia could be a $10 trillion company in the future.
( 68
min )
The market is proactively trying to not see that this company's overhaul is finally working.
( 69
min )
The aerospace giant's commercial market outlook contained many interesting takeaways for investors to consider.
( 68
min )
Want to add massive growth to your portfolio? This battered stock has it all.
( 69
min )
These companies offer solid return prospects and above-average yields.
( 68
min )
Ethereum's price is following an eerily similar trajectory to Bitcoin's after its spot ETF approval. And that could mean great things for Ethereum.
( 68
min )
These two stocks seem to be excellent value and have been sold off unfairly due to near-term earnings headwinds.
( 69
min )
Analysts are adjusting their expectations for CrowdStrike stock after last week's debacle.
( 67
min )
Apple heeft voor het eerst een overeenkomst gesloten met de International Association of Machinists (IAM), de vakbond voor winkelpersoneel in de Verenigde Staten.
( 1
min )
Techconcern Apple heeft voor het eerst een overeenkomst gesloten met een vakbond voor winkelpersoneel in de Verenigde Staten. Dit meldt de vakbond, de International Association of Machinists (IAM).
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min )
Zeven op de tien treinen op de belangrijke routes van de hogesnelheidslijn rond Parijs kunnen zaterdag weer rijden. Er zijn wel flinke vertragingen. Het treinverkeer raakte vrijdag, vlak voor het begin van de Olympische Spelen, ontregeld door sabotage.
( 1
min )
Zeven op de tien treinen op de belangrijke routes van de hogesnelheidslijn rond Parijs kunnen zaterdag weer rijden. Er zijn wel flinke vertragingen. Het treinverkeer raakte vrijdag, vlak voor het begin van de Olympische Spelen, ontregeld door sabotage.
( 1
min )
Zeven op de tien treinen op belangrijke routes van de hogesnelheidslijn rond Parijs kunnen zaterdag rijden. Er zijn wel grote vertragingen. Dit meldt de Franse spoorwegmaatschappij SNCF. Vrijdag raakte het treinverkeer in de stad daags voor de Olympische Spelen ontregeld door sabotage.
( 1
min )
Het Griekse eiland Santorini zucht onder de miljoenen toeristen die het jaarlijks op bezoek krijgt. Het lokale bestuur wil daarom dat de Griekse regering stappen zet om het massatoerisme op het eiland aan banden te leggen.
( 1
min )
In het grootste deel van het land is het nu zover, en de rest volgt snel: de bouwvak. Een bijzonder fenomeen, want het bestaat officieel sinds 1981 niet meer. Toch doet zo'n 80 procent van de bouwbedrijven er nog aan mee.
( 1
min )
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The 2024 Summer Olympics will be among the most highly anticipated sports events of year. These companies stand to benefit—or lose out—as a result.
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A new report suggests that while the economy continues to demonstrate strength, underlying weakness in consumer spending could slow it down.
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You can now invest in ether, the native token of the Ethereum blockchain, by putting money into one of the nine spot ether exchange traded funds that began trading Tuesday. But should you?
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Elliott Investment Management again criticized Southwest executives following the carrier's announcement of new revenue-enhancing efforts.
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GE HealthCare will report earnings Wednesday, after a disappointing first-quarter report sent the company's stock down 14% in a single session.
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Consumer sentiment moved lower again in July, despite improving expectations on inflation. Survey data showed lower-income earners are starting to feel worse about economic conditions, while sentiment remains elevated for higher earners.
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The Securities and Exchange Commission contends that Left and his company misled investors, executing trades that were contrary to their public comments about particular stocks.
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Newell Brands beat second quarter expectations and upgraded its full-year guidance after the company made “significant progress,” on its new corporate strategy.
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Amazon reports earnings after markets close Thursday, with analysts projecting revenue and profit growth driven by advertising and Amazon Web Services.
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The S&P 500 added 1.1% on Friday, July 26 as PCE data reaffirmed an inflationary cooldown in June, bolstering expectations for interest-rate cuts.
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The Federal Reserve is widely expected to maintain its influential interest rate at its current 23-year-high level when officials make policy decisions on Wednesday. Market watchers and economists will be looking for signals on what lies ahead.
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Mohawk Industries is poised to benefit from a recovery in the global ceramic sector, analysts at Bank of America Securities said in a research note Friday.
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Norfolk Southern cut costs and got an insurance payment helped the railroad beat earnings estimates for the latest quarter.
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There’s reason to believe history is repeating itself, according to a recent Deutsche Bank note that drew parallels between the current rotation out of tech mega-caps and the bursting of the tech bubble in 2000.
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Booz Allen Hamilton shares tumbled in intraday trading Friday after the consulting firm missed earnings expectations for its fiscal first quarter.
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Consumer spending has buoyed the economy since the pandemic, but it could also be a stumbling block for the Federal Reserve's progress on taming inflation.
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Bitcoin is rising once again. Meanwhile, the spot ether ETF market saw more net outflows on Thursday.
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Apple will release third-quarter earnings after the bell on Thursday, with investors likely watching for signs of stabilizing iPhone sales in China and artificial intelligence updates.
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The tech bull run riding the "AI tidal wave" is only getting started, Wedbush analysts said
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Centene posted better-than-expected results and boosted its guidance as it made more from premiums and services and increased members.
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U.S. equities rose at midday as the inflation report favored by the Federal Reserve came in as expected, boosting optimism of interest-rate cuts this year.
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Executives at the restaurant chain reported "encouraging" trends among diners buying entrees, add-ons and soft drinks—but an ongoing "negative" mix with alcoholic beverages.
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3M shares soared as the conglomerate, under new CEO William Brown, reported quarterly results that beat expectations and boosted guidance.
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Starbucks reports earnings after the bell Tuesday, with analysts expecting revenue and profits similar to what it reported a year earlier.
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Consumer products giant Colgate-Palmolive beat expectations on the top and bottom lines, sending shares higher Friday.
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Bristol-Myers Squibb shares climbed Friday after the company beat second-quarter expectations and raised its full-year guidance.
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Nvidia supplier SK Hynix is spending $6.8 billion on a semiconductor manufacturing plant in South Korea to keep up with surging demand for artificial intelligence chips.
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Charter Communications stock soared Friday after the cable, phone, and internet provider posted better-than-expected results on higher demand for its mobile service.
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June Inflation Numbers Bolster the View that the Fed Will Start Cutting Interest Rates Soon
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Arson attacks on France’s high-speed trains network sabotaged services just hours before the Paris Olympics were set to start Friday.
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Apple is suffering in China as local rivals overtake it, three new reports by research firms monitoring shipments in the world's largest smartphones market showed.
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Footwear company Deckers Brands saw its stock surge Friday, a day after reporting results that surpassed analysts' expectations, with sales of the company's popular Hoka and Ugg brands driving the earnings beat.
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Shares Fell More Than 4% on Thursday
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News of the day for July 26, 2024
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Shares Fell 37% in Extended Trading Thursday
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(Bloomberg) -- Trampled by markets and attacked by angry executives, short sellers now find themselves confronting their biggest worry yet: the US government.Most Read from BloombergTrump Risks Losing Voters He Needs With Loaded Attacks on HarrisParis Sticks to Olympics Opening Event Plans After Rail SabotageFed’s Favored Price Gauge Rises at Mild Pace, Spending Holds UpHarris Just Showed Why Trump Is So Afraid of HerUS Accuses Famed Short-Seller Andrew Left of Securities FraudFresh accusations
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Amazon reports earnings after markets close Thursday, with analysts projecting revenue and profit growth driven by advertising and Amazon Web Services.
( 66
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Intel (INTC) has underperformed its peers in the chip-making world in recent months and years. Down 37.7% since the beginning of the year and 32% over five years, the stock’s valuation is starting to become rather attractive based on projected growth in Client Computing Group (CCG) and Data Center and AI Group (DCAI). I’m bullish on Intel, with the firm trading at 30.3x non-GAAP forward earnings and a price-to-earnings-to-growth (PEG) ratio of 0.6x (1.0x or less is generally seen as undervalued)
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Few names in the investing world carry more weight than Warren Buffett's. Since taking over Berkshire Hathaway in 1965, Buffett has generated an estimated $690 billion in profit for himself and his investors. That results in an average return of ...
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Former Starbucks chief executive, Howard Schultz, is opposing a potential settlement between the coffee chain and activist investor Elliott Investment Management, the Financial Times reported on Friday.
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Dreaming of a comfortable retirement is something most Americans share. But how much cash do you need to make those golden years truly golden? According to a recent survey by Northwestern Mutual, the average person thinks they’ll need $1.46 million. That’s a pretty hefty goal post! While a million bucks has long been the retirement savings target, the truth is that many people are starting from scratch. But what about those who’ve saved a substantial chunk of change? Let’s talk about the $500,00
( 67
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The Executive Chairman of MicroStrategy spoke Friday at Bitcoin 2024.
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The U.S. stock market is undergoing a broader market rotation as investors pull out from megacap AI tech stocks and flock to small-cap, under-the-radar companies. Dividend stocks are also in the limelight amid this broadening of market gains. Research ...
( 68
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Given the strong momentum for AI, is Wall Street significantly underestimating Nvidia and its AI-powered growth?
( 67
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The pharmaceutical company is faring far better than most investors were anticipating at this point.
( 67
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Find the latest Skechers U.S.A., Inc. (SKX) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
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Retirement often means relying on a fixed income, making careful budgeting essential. Many retirees need to cut back on expenses to make ends meet. Financial expert Suze Orman, a leading voice in personal finance, suggests one specific area where retirees should consider reducing spending. "That expense is eating out," Orman told GOBankingRates. Don't Miss: Can you guess how much the average retirement account balance is? Here’s a hint — it’s only slightly more than a year’s worth of expenses. H
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These stocks arguably deserve more respect from investors.
( 68
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Last year, just months before his passing at 99, legendary investor Charlie Munger sat down for a rare and insightful interview on the Acquired podcast. Munger, best known as Warren Buffett’s right-hand man and the Vice Chairman of Berkshire Hathaway, shared his wisdom on investing, business, and life. Don't Miss: Can you guess how much the average retirement account balance is? Here’s a hint — it’s only slightly more than a year’s worth of expenses. How much money will a $200,000 annuity pay ou
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The U.S. is entering a historic period of record retirement numbers, but a lack of sufficient pensions puts many Americans near retirement in financial peril. Here's why pensions are a hot topic in the country. According to research from the Pew Research Center, the number of retired citizens in America is climbing and is expected to rise to historic figures. Susan Miller of Route Fifty cited this information: “More Americans are about to be 65 years old than ever before. A record number will hi
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Investors are worried about the diabetes care technology leader's slowing growth.
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The US dollar has had a rough week against the Japanese yen, but at this point in time, the market looks likely to recover, and I am watching the crucial 155 yen level for confirmation. The question now is whether we have seen a trend change, or if this represents
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Personal finance guru Dave Ramsey gave tough advice on The Ramsey Show to a woman and her husband living paycheck to paycheck yet making $11,500 a month. Here's what advice Ramsey gave the couple. Alyssa called in for guidance from the finance expert because she and her husband were worried about finances. Alyssa tells Ramsey that she's remarried, and together as a couple, they bring in $11,500 per month, yet they're unable to contribute to their retirement and only have around $3,000 in their s
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Even as inflation finally seems to be cooling, there are signs that price fatigue is starting to hit consumers where it counts – in their wallets. As inflation rose, some companies were able to increase prices, while other consumer goods companies ...
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These companies have more dominant roles in tech and are trading at a better value than AMD.
( 28
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(Bloomberg) -- 3M Co. raised its full-year profit forecast in a sign of progress as its new chief executive officer looks to reinvigorate the iconic manufacturer after a lengthy period of turmoil.Most Read from BloombergTrump Risks Losing Voters He Needs With Loaded Attacks on HarrisParis Trains Hit By Sabotage Hours Before Olympics Kick OffHarris Just Showed Why Trump Is So Afraid of HerTrump Won’t Commit to Debate Until Harris Formally NominatedGreat Rotation Trade Sees Investors Dump AI Giant
( 67
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Berkshire Hathaway is betting big on these two companies, but one stock is superior.
( 68
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The FIRE (Financial Independence, Retire Early) movement is popular as many Americans make early retirement their goal. However, Kevin O'Leary, entrepreneur and investor from "Shark Tank," has chosen not to retire early, and his reasons extend beyond financial concerns. O'Leary told CNBC he initially retired at age 36 after selling his first company, achieving substantial financial success. But he found retirement unfulfilling. "Working is not just about money," he said. "People don't understand
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U.S. prices rose moderately in June, underscoring an improving inflation environment that potentially positions the Federal Reserve to begin cutting interest rates in September. The personal consumption expenditures (PCE) price index nudged up 0.1% last month after being unchanged in May, the Commerce Department's Bureau of Economic Analysis said on Friday. In the 12 months through June, the PCE price index climbed 2.5% after rising 2.6% in May.
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The financial services company announced it would take action to make its bank smaller.
( 68
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A federal grand jury in California has charged short seller Andrew Left with multiple counts of securities fraud for a $16 million stock market manipulation scheme. The Department of Justice said in a statement on Friday that Left, who was a securities analyst, trader, and guest commentator on television channels including CNBC and Fox Business, is charged with one count of engaging in a securities fraud scheme, 17 counts of securities fraud, and one count of making false statements to federal investigators.
( 66
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If I have a tax-deferred 401(k). Can I convert it to a Roth IRA without paying the deferred taxes when I roll it over? -Tommy Generally, the answer here is no. There's typically no method to totally dodge taxes on … Continue reading → The post Ask an Advisor: I Want to Roll Over My Money to a Roth IRA. How Do I Avoid Paying Taxes? appeared first on SmartAsset Blog.
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States vary widely in the way they tax retirement income so location is an important consideration in financially planning for retirement. Some states don't levy income states on any sort of retirement income, while others tax IRA and 401(k) distributions, … Continue reading → The post 11 States That Do Not Tax Retirement Income appeared first on SmartAsset Blog.
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Once you have $1 million in assets, you can look seriously at living entirely off the returns of a portfolio. After all, the S&P 500 alone averages 10% returns per year. Setting aside taxes and down-year investment portfolio management, a … Continue reading → The post How Much Interest Can You Earn on $1 million? appeared first on SmartAsset Blog.
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These businesses are likely to get a whole lot bigger and more valuable in the years ahead.
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Billionaires are lining up to sell Nvidia stock, but that isn't the big story.
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FedEx will fly fewer aircraft and go to fewer U.S. cities starting this fall as a consequence of the U.S. Postal Service giving its primary air cargo contract to a competitor. The post FedEx to cut domestic flight activity by 60% appeared first on FreightWaves.
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Not seeing this sooner is costing you money.
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Find the latest HireQuest, Inc. (HQI) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
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In a tough stretch for tech stocks, Supermicro's share price has seen a double-digit slide.
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Remember the crazy housing market during the pandemic when investors with bulging wallets swooped in, buying houses with piles of cash? Now, things are starting to cool down. Investor cash purchases dropped to 64% in the first quarter of 2024, according to a recent Realtor.com report. That's a big change from late 2021 when 69.7% of investors paid in cash to win bidding wars, and it's the lowest share of cash buyers since 2008. Don't Miss: A billion-dollar investment strategy with minimums as lo
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Chip stocks also rebounded, with Intel, Broadcom, Qualcomm, Micron Technology and Arm Holdings up around 2% each. At 5:32 a.m. ET, Dow e-minis were up 182 points, or 0.45%, S&P 500 e-minis were up 41.25 points, or 0.76%, and Nasdaq 100 e-minis were up 200.75 points, or 1.06%. Investors have dumped megacap tech stocks in the past few weeks, with disappointing earnings from Alphabet and Tesla sparking a sharp selloff in the "Magnificent Seven" on Wednesday.
( 67
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Dan Ives just implied 75% upside for Palantir stock.
( 68
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Under the non-exclusive licence, PowerCo can manufacture up to 40 GWh per year using QuantumScape’s tech
( 66
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Annaly Capital struggles to sustain its big-time dividend.
( 68
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The tide might be turning in its favor.
( 67
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Gene Munster believes Tesla is on pace to be a $3 trillion company.
( 68
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This move is part of Occidental's broader strategy to reduce its debt, which exceeded $18bn at the end of the first quarter (Q1).
( 66
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Could this exciting AI growth player soar past Nvidia in the second half?
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Seven core holdings account for the lion's share of the dividend income Berkshire Hathaway is expected to collect over the next year.
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U.S. futures and oil prices rose. Early Friday, Tokyo's Nikkei 225 index gave up early gains to slip 0.5% to 37,667.41. Tokyo's core consumer price index rose 2.2% in July, rising for the third straight month to its highest level in four months, adding to expectations that the Bank of Japan may raise its near-zero benchmark interest rate at a policy meeting next week.
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These stocks could be risky investments to hold in the second half of the year.
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A long track record of cloud and information technology (IT) systems expertise could drive this artificial intelligence (AI) specialist even higher.
( 68
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(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. shares fell the most in three months as trading resumed in Taiwan after a two-day typhoon break, joining a global tech rout as investors dramatically soured on the promises of artificial intelligence. Most Read from BloombergTrump Risks Losing Voters He Needs With Loaded Attacks on HarrisHarris Just Showed Why Trump Is So Afraid of HerMarkets Tear Up Popular Trades That Reached ‘Stupid Levels’Stocks Caught in Tug of War Between Tech and Rest:
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This could be the next semiconductor giant to attain a trillion-dollar market cap.
( 68
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(Bloomberg) -- European stocks were set for a tepid start after Asian shares were mostly higher as traders weighed the firming expectations of Federal Reserve interest rate cuts against continued weakness in technology shares.Most Read from BloombergTrump Risks Losing Voters He Needs With Loaded Attacks on HarrisHarris Just Showed Why Trump Is So Afraid of HerMarkets Tear Up Popular Trades That Reached ‘Stupid Levels’Stocks Caught in Tug of War Between Tech and Rest: Markets WrapTrump Won’t Comm
( 69
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The tech sector sold off chaotically on Wednesday, the day after Alphabet (GOOGL) and Tesla (TSLA) reported quarters that, while not abysmal, were far from perfect. The brutal day of selling seemed more like an overreaction than a sign that the AI trade, as we know it, is dying. Undoubtedly, it could take a few more days to settle before it’s off to the races for the AI names again. Therefore, let’s use TipRanks’ Comparison Tool to evaluate three intriguing tech names — MU, INTU, DDOG — if you’r
( 69
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(Bloomberg) -- Signs that equity investors are getting cold feet over the rapid advances in artificial intelligence leaders have put a spotlight on some less obvious beneficiaries of the technology boom.Most Read from BloombergTrump Risks Losing Voters He Needs With Loaded Attacks on HarrisHarris Just Showed Why Trump Is So Afraid of HerStocks Caught in Tug of War Between Tech and Rest: Markets WrapMarkets Tear Up Popular Trades That Reached ‘Stupid Levels’I Changed My Mind. The Fed Needs to Cut
( 34
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Flitsbezorgers Getir en Flink hebben boetes gekregen omdat ze personeel lieten werken zonder dat de bedrijven daarvoor de juiste vergunning hadden. Ook een platformbedrijf dat de bezorgers gebruikten om werknemers te vinden, wordt bestraft, meldt de Arbeidsinspectie.
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De Nederlandse tak van modeconcern Esprit is door de rechter in Amsterdam failliet verklaard. Daardoor verliezen ruim tweehonderd mensen hun baan. Volgens curator Erik Schuurs is er momenteel geen zicht op een doorstart.
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De subsidie voor de bouw van een kernreactor in Petten van 2 miljard euro is goedgekeurd door de Europese Commissie.
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De subsidie voor de bouw van een kernreactor in Petten van 2 miljard euro is goedgekeurd door de Europese Commissie.
( 1
min )
Eurostar vraagt reizigers om hun treinrit naar Frankrijk of het Verenigd Koninkrijk uit te stellen. Het bedrijf doet de oproep vanwege de problemen op het Franse spoor die vannacht na sabotage zijn ontstaan.
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Verkopers van blikjes en flesjes drinken moeten meer hun best doen om die ook weer in te zamelen, vindt toezichthouder ILT. Nu hebben bijvoorbeeld supermarkten inleverpunten, maar bioscopen en bouwmarkten niet. Waar zou jij je lege flesjes of blikjes willen inleveren?
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Schiphol gaat de vliegtuigcrew van KLM Cityhopper met zelfrijdende bussen van het vliegtuig naar de terminal brengen. Het is de tweede test richting het doel van de luchthaven om in 2050 alle voertuigen op Schiphol autonoom te laten rijden.
( 1
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Basic-Fit heeft in de eerste helft van 2024 het aantal abonnees en sportclubs flink zien groeien. Daarmee nam ook de omzet toe. Verder profiteert de fitnessketen van interesse in een uitgebreid en iets duurder sportabonnement.
( 1
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Telecomprovider VodafoneZiggo heeft naar eigen zeggen een "robuust kwartaal" achter de rug. Het bedrijf boekte dankzij prijsverhogingen meer omzet en winst. Maar de provider heeft in een jaar tijd meer dan 150.000 klanten zien vertrekken.
( 1
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Tankstations, bioscopen en bouwmarkten willen niet dat ze worden verplicht om verkochte flesjes en blikjes weer in te nemen. Ook de NS en winkels als HEMA en Action staan niet te springen, blijkt uit een rondgang van de NOS.
( 1
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Tankstations, bioscopen en bouwmarkten willen niet dat zij verplicht worden om flesjes en blikjes van drinken dat zij verkopen weer in te nemen. Ook de NS en winkels als HEMA, Action staan niet te springen, blijkt uit een rondgang van de NOS.
( 1
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Kinderopvang kost in veel gevallen meer dan de maximumuurprijs die landelijk is vastgesteld. Drie kwart van de ouders betaalde vorig jaar voor zeker één kind een hoger tarief. Dat berekende statistiekbureau CBS op basis van cijfers van de Belastingdienst.
( 1
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(Bloomberg) -- Vale SA, the world’s second-biggest iron ore supplier, posted second-quarter results that slightly trailed analyst estimates after facing higher expenses.Most Read from BloombergTrump Risks Losing Voters He Needs With Loaded Attacks on HarrisHarris Just Showed Why Trump Is So Afraid of HerMarkets Tear Up Popular Trades That Reached ‘Stupid Levels’Stocks Caught in Tug of War Between Tech and Rest: Markets WrapTrump Won’t Commit to Debate Until Harris Formally NominatedThe Rio de Ja
( 67
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Companies like Novo Nordisk and Eli Lilly might soon have a determined competitor in their hottest product category.
( 61
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Nvidia stock is now down 17% from its peak. Is the AI leader poised for a comeback?
( 32
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If you look at a list of the richest former NBA players, you will find one name much less recognizable than LeBron James, Magic Johnson, and Michael Jordan: Junior Bridgeman. Bridgeman never made an all-star team or was paid more than $350,000 ...
( 69
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Edwards Lifesciences shares swooned after the company damped expectations for heart valve replacement sales growth on Wednesday.
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BAT's earnings report was middling, but it remains an appealing dividend stock.
( 66
min )
The spread between 10- and 2-year Treasury yields reached its least-negative level in two years on Wednesday, helped by traders’ expectations that the Federal Reserve needs to start cutting interest rates.
( 68
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George Kurtz, the CEO of cybersecurity firm CrowdStrike, is under the spotlight for a massive tech failure. Last Friday, a faulty update from CrowdStrike caused a worldwide tech outage that disrupted banks, airlines, retailers, and more. Shockingly, this isn’t Kurtz’s first rodeo with a tech catastrophe. Don't Miss: America's construction sites are desperate for Robots — here’s how to invest in a house-printing startup who’s making them and be a part of a $16 trillion industry. Don’t miss the re
( 68
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Computer-driven macro hedge fund strategies on Wednesday sold $20 billion in equities and are set to shed at least more $25 billion over the next week after the stock rout, in one of the largest risk-unwinding events in a decade, Morgan Stanley said in commentary to institutional clients on Thursday. If volatility persists in the coming days, the sell-off would rapidly increase, Morgan Stanley said in their commentary, declining to comment further. An additional 1% day-drop in global equities could spark sales of $35 billion and macro hedge funds could dump up to $110 billion in a 3% day fall.
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Long-term investors are getting a great buying opportunity in Ford stock today.
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Many people dream of earning a steady income from dividends, whether they are looking to retire early or supplement their existing income and grow wealth. Reaching specific benchmarks indicates that you are headed in the right direction. One Redditor ...
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(Bloomberg) -- Eli Lilly & Co. is down more than $120 billion in market value and its status as the poster child of the weight-loss drug frenzy is under threat with at least two rivals posting encouraging developments for their obesity treatments.Most Read from BloombergTrump Risks Losing Voters He Needs With Loaded Attacks on HarrisHarris Just Showed Why Trump Is So Afraid of HerI Changed My Mind. The Fed Needs to Cut Rates Now.Wall Street Goes Risk-On After US Economic Data: Markets WrapMarket
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Grant Cardone, the outspoken real estate guru, is known for his shocking posts. He often is very vocal about his economic predictions and where he sees the economy headed. But this time, he touched on retirement savings. In a July 12 post on X, Cardone argued that the traditional $1 million retirement goal seriously falls short of what regular people need. Don't Miss: The average American couple has saved this much money for retirement — How do you compare? Can you guess how many retire with a $
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During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the ...
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Six in 10 homeowners with a mortgage — including these two politicians — have a mortgage rate below 4%.
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According to Trust & Will, the total time from beginning the process to clearing probate court for your estate could be over two years. That’s two years when your family can’t access what you left them. That’s why financial expert Suze Orman suggests getting your financial house in order now. Don't Miss: The average American couple has saved this much money for retirement — How do you compare? Can you guess how many retire with a $5,000,000 nest egg? – How does it compare to the average? A billi
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Investors are still waiting for a breakthrough.
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A high-flying beverage company has gone from sparkling to flat in just four months. Things could get bubbly again.
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In finance, Jim Cramer is a name that always stirs up opinions – good and bad. As the host of CNBC's “Mad Money,” he’s known for his high-energy stock recommendations. Less than two months ago, however, Cramer was very optimistic about CrowdStrike Holdings Inc. (NASDAQ:CRWD), a leading cybersecurity company. But, recent events have shown just how unpredictable the stock market can be, even for experts. Crowdstrike now -30% in just a month since Jim praised it. Legend. pic.twitter.com/yQ9nZFgrLw
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Quarterly results raise concerns about near-term weakness.
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Shares of Ford Motor Co. are tumbling Thursday after the automaker's second-quarter adjusted profit badly missed Wall Street's expectations thanks in part to stubborn warranty costs. Late Wednesday Ford reported an adjusted profit of 47 cents per share. Warranty costs have vexed the nation’s second-largest automaker for several years and lopped billions off of its profits.
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The US dollar has been very negative in the early hours of Thursday, but then bounced as we tested the 200-Day EMA, and the 152 yen level. This is a market that also got the shock of the Advanced GDP numbers in America coming out hotter than anticipated.
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Lululemon downgraded, Birkenstock upgraded: Wall Street's top analyst calls
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AT&T and Verizon offer attractive dividend yields, but their financial health and growth prospects differ, presenting investors with a choice between AT&T's lower payout ratio and Verizon's stronger revenue growth.
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Jensen Huang and Mark Zuckerberg will speak together at an AI conference. Could that move the needle for Nvidia?
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Deciding when to take Social Security benefits is one of the most important questions to answer in planning your retirement strategy. Second to that is understanding what might increase-or reduce-your benefit amount. Does retirement income count as income for Social Security? No, but working while claiming benefits could shrink the amount that you're able to […] The post Does Retirement Income Count as Income for Social Security? appeared first on SmartReads by SmartAsset.
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There are plenty of ways to minimize your tax liability and that’s especially true when you have worked hard to sock away retirement money. Tax advisors are constantly searching for new ways to avoid paying taxes on IRA withdrawals. There … Continue reading → The post How Can I Avoid Paying Taxes on IRA Withdrawals? appeared first on SmartAsset Blog.
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These wonderful businesses should be at the top of every investor's list during the next market downturn.
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Honeywell International Inc on Thursday lowered its annual profit forecast, due to lower demand in its industrial automation business, sending shares of the diversified industrial firm down 4.5% in premarket trade. Sales in Honeywell's industrial automation business were hit by volume softness in warehouse and workflow solutions as the company looks to offload existing inventory before ordering new products amid an uncertain economic outlook. The company also said that sales in its mask-making safety and productivity solutions declined year over year.
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(Bloomberg) -- The assumptions that have driven this year’s global financial markets are being rapidly rethought.Most Read from BloombergHarris Just Showed Why Trump Is So Afraid of HerI Changed My Mind. The Fed Needs to Cut Rates Now.What Initial Polling Data Show About the Trump-Harris MatchupHarris Targets Trump by Raising Threat of ‘Extreme’ Project 2025Biden Says Time for ‘Younger Voices’ in Oval Office SpeechIn bond and currency markets, investors are racing to redeploy money amid mounting
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Find the latest Old Dominion Freight Line, Inc. (ODFL) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
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Realty Income should provide me with steadily rising dividend income.
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American Airlines cut its annual profit forecast on Thursday as uneven demand trends and overcapacity in certain markets dampened the carrier's pricing power. The company now expects an adjusted profit between $0.70 per share and $1.30 per share, compared with its previous forecast of $2.25 to $3.25 per share.
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Meta CEO Mark Zuckerberg says what matters most in his hiring philosophy is people being able to do one thing really well.
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Find the latest Capital One Financial Corporati (COF) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
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These stocks provide good yields and they don't come with much risk.
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The airline said Thursday that it has been studying customer preferences and expectations and is making the changes because of what they've heard, but it could also generate revenue and boost financial performance. While Southwest has used an open seating model for 50 years, the company said that it understands that preferences have changed, with more customers taking longer flights and wanting an assigned seat. The airline is said it will offer redeye flights for the first time.
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Southwest reported second-quarter adjusted profit of 58 cents per share, about half of what it reported a year earlier, but managed to beat analysts' average estimate of 51 cents per share, according to LSEG data. Delta Air Lines reported a double-digit increase in revenue from its premium cabins in the second quarter, while sales in its main cabins remained flat. Southwest, which lowered its second-quarter unit revenue forecast last month, is also facing pressure from activist investor Elliott Investment Management, which is pushing for a management and board overhaul.
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These two fundamentally sound stocks may see solid gains in the coming months.
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Good bargains still abound in the market, and two of the stocks below offer fat dividends as well.
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The market is too pessimistic on these stocks.
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High short interest in a stock can be interpreted in various ways, and whether it is a bad sign depends on the context and the investor’s perspective. High short interest typically indicates that a significant number of investors believe the stock’s ...
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Incidents like this have turned into buying opportunities for other stocks in crisis.
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These stocks could be enticing to income and value investors, but they're both risky bets that aren't for the faint of heart.
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This generation will need more financial and housing support from family than older generations, study says.
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The S&P 500 is trading near a record high, but it isn't too late for investors to buy the best-performing stocks in the index using this simple strategy.
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Many investors will be surprised to learn which company has been a more productive investment than the iconic beverage maker.
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Although most Wall Street analysts have lofty expectations for artificial intelligence (AI) and AI titan Nvidia, optimism isn't universal.
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On Wednesday, major U.S. indices closed significantly lower. The Dow Jones Industrial Average fell 1.25% to 39,853.87, the S&P 500 dropped 2.3% to 5,427.13, and the Nasdaq declined 3.6% to 17,342.41. These are the top stocks that gained the attention of retail traders and investors throughout the day. Nvidia Corporation (NASDAQ:NVDA) Nvidia closed down 6.80% at $114.25, with an intraday high of $119.95 and a low of $113.44. The 52-week high is $140.76 and the low is $39.23. The company, along wi
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U.S. stock indexes suffered their worst losses since 2022 after profit reports from Tesla and Alphabet helped suck momentum from Wall Street’s frenzy around artificial-intelligence technology. In Asia, Japan's benchmark Nikkei 225 lost 3.3% to 37,869.51, its lowest close since April. The recently strengthening yen, which has recovered from trading above 160 Japanese yen to the dollar earlier this month, hurts profits of Japanese exporters when they are brought back to Japan.
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There's a common thread among all three tickers that goes above and beyond being in the same sector.
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These AI stocks have fallen over 30% from their highs, but some Wall Street analysts are forecasting big gains.
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These relatively small AI software companies have great potential.
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With plenty of pessimism surrounding the EV industry, Rivian continues to be a bright spot for investors.
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These elite dividend payers are poised to reward shareholders for years.
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"The principle is if we do something wrong, we have to compensate. They did something wrong. We and other airlines lost a lot," Fernandes said Wednesday.
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Ford Motor shares listed in Frankfurt plunged 8% on Thursday, after the Detroit automaker reported a drop in second-quarter adjusted profit. The company earned an adjusted profit of 47 cents per share, significantly missing analysts' expectations of 68 cents, according to LSEG data. Ford's German-listed shares were down 8.1% in early trading.
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Wednesday was the worst day for the overall market in 2024, with the SPDR S&P 500 Index (NYSE:SPY) trading down more than 2% and the Invesco QQQ Trust Series 1 (NYSE:QQQ) trading down more than 3.5% late in the session.Many mega-cap tech names that have driven much of the last year's rally sold off significantly on the day, with NVIDIA Corp (NASDAQ:NVDA), Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) and Tesla Inc (NASDAQ:TSLA) each trading down more than 5%. Don’t Miss: Here’s how much you should h
( 67
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(Bloomberg) -- Equities in Asia declined as investors began pulling back on the artificial-intelligence frenzy that has powered the bull market this year. The yen rose for a fourth day ahead of next week’s Bank of Japan meeting.Most Read from BloombergHarris Just Showed Why Trump Is So Afraid of HerI Changed My Mind. The Fed Needs to Cut Rates Now.Stocks Tumble as Wall Street Gets AI Wake-Up Call: Markets WrapWhat Initial Polling Data Show About the Trump-Harris Matchup$1 Trillion Rout Hits Nasd
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A tumble in the heavyweight stocks that have powered markets higher this year is highlighting Wall Street's vulnerability to any weakness in the Big Tech trade and causing concerns that over-stretched stocks are in for more turbulence. Disappointing quarterly reports from Tesla and Google-parent Alphabet sparked a crushing market selloff on Wednesday, with the tech-heavy Nasdaq Composite falling 3.6% in its worst day since October 2022. The benchmark S&P 500 slumped 2.3%, with the earnings reports causing concerns about upcoming results from the other big tech firms.
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Last week, Taiwan Semiconductor Manufacturing (TSM), also known as TSMC, released its Q2 results, delivering its best revenue growth in six quarters. The company’s top-line growth has been on an acceleration trend, with this quarter standing out in particular. This also holds true for the bottom line, with earnings per ADR expected to reach new heights in FY2024. Given the ongoing AI boom, which is likely to drive continued growth, and the stock’s current reasonable valuation, I remain bullish o
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Durable goods were fell sharply in June to their lowest level in four years, caused in large part by tumbling aircraft orders.
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The economy expanded far more than expected in the second quarter, supported by consumer spending, business investment and government outlays. The question is: can the surprising growth of the U.S. economy continue?
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Shares of Dexcom plunged in extended trading Thursday after the company reported second-quarter earnings that missed estimates and slashed its full-year revenue guidance.
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After a defective CrowdStrike update caused a global tech outage, analysts said these cybersecurity rivals could be poised to benefit.
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The S&P 500 slipped 0.5% on Thursday, July 25, as tech stocks faltered for a second straight day even as data showed an uptick in GDP growth.
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The Stock Was the Biggest Decliner on the Nasdaq Composite
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Edwards Lifesciences shares swooned after the company damped expectations for heart valve replacement sales growth on Wednesday.
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Meta will report second-quarter earnings on Wednesday with investors watching for ad revenue growth and updates on artificial intelligence initiatives.
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OpenAI unveiled a prototype of SearchGPT, an artificial intelligence search tool that could compete with Google Search.
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ServiceNow's second-quarter subscription revenue jumped as the company benefited from artificial intelligence (AI) product demand.
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Fresh-Mex giant Chipotle Mexican Grill says it's rededicated to convincing consumers that its bowls and burritos are as big as customers want them to be.
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The spot ether ETF launch this week hasn't been kind to the price of the underlying cryptocurrency so far.
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Shares of the chipmaker fell nearly 7% early Thursday before moving into positive territory
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AbbVie reported strong sales of its other medicines as demand for Humira fell because of competition from biosimilar drugs.
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Eli Lilly and Novo Nordisk shares lost ground Thursday, while shares of Viking Therapeutics soared after the company reported advances in trials of its weight-loss drugs that could challenge the dominance of other players.
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The bitcoin miner will also revert back to a "full HODL" strategy.
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American Airlines significantly reduced its full-year adjusted earnings projections Thursday as CEO Robert Isom acknowledged the company’s second quarter fell short of expectations.
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U.S. equities were higher at midday Thursday following a report showing the U.S. economy grew more than expected in the second quarter.
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Raytheon parent RTX reported second-quarter adjusted earnings above estimates and raised full-year sales and profit projections Thursday, sending shares to a record high.
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Honeywell shares fell Thursday after the company lowered its full-year earnings guidance on management's outlook for the rest of the year, including the effect of acquisitions.
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Hotter-Than-Expected Report Doesn't Change Market Expectations for a Fed Interest Rate Cut
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Southwest Airlines is changing its longtime policy of unassigned seating and, starting next February, introducing overnight flights.
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Lineage raised $4.4 billion in an initial public offering, the most since Arm Holdings last September.
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After a monthslong process with many twists and turns, the NBA announced the winners of its new 11-year media rights deal worth a reported $77 billion.
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Unilever American depositary receipts (ADRs) jumped Thursday after the company posted a first-half earnings beat, offered a lofty operating margin target for the year, and said its spinoff of its ice cream division was on track to be completed by the end of 2025.
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AstraZeneca reported better-than-expected results for the second quarter as sales for all of its treatment categories rose aside from vaccines.
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News of the day for July 25, 2024
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Ford shares tumbled in premarket trading Thursday after the automaker reported quarterly earnings that came in below expectations and kept its full-year bottom-line outlook unchanged. Monitor these important chart levels amid earnings-driven selling.
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Shares in fast casual restaurant Chipotle Mexican Grill jumped in extended trading Wednesday after the burrito maker served up second-quarter results above Wall Street’s expectations. Monitor these important chart levels.
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The Federal Reserve is widely expected to cut interest rates when it meets in September, but a few experts are making the case that the central bank will hold steady—or at least that it should.
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Inwoners van Rotterdam-Zuid en de provincie Groningen hebben de meeste aanvragen ingediend bij het Tijdelijk Noodfonds Energie. Ook vanuit onder andere Emmen, Almelo en Heerlen zijn relatief veel aanvragen binnengekomen.
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Inwoners van Rotterdam-Zuid en de provincie Groningen hebben de meeste aanvragen gedaan voor het Tijdelijk Noodfonds Energie. Ook uit onder andere Emmen, Almelo en Heerlen zijn relatief veel aanvragen binnengekomen.
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Het platenlabel van grote popartiesten zoals Taylor Swift, Billie Eilish en Drake is ruim een kwart van zijn beurswaarde verloren. Universal Music Group verloor op de beurs in Amsterdam ruim 16 miljard dollar (ruim 14.7 miljard euro) dankzij tegenvallende inkomsten.
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ING heeft twee klanten gediscrimineerd door ze vanwege hun niet-westerse naam extra te controleren op mogelijk witwassen en financieren van terrorisme. Dat oordeelt het College voor de Rechten van de Mens donderdag. NU.nl heeft de twee oordelen ingezien.
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Met 32 sporten, 329 evenementen en honderden te verdelen medailles is er veel te zien tijdens de Olympische Spelen in Parijs. Wat kost het om hierbij aanwezig te zijn?
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Het Duitse spoorwegbedrijf Deutsche Bahn (DB) schrapt in de komende vijf jaar ongeveer 30.000 banen. Dat is ruim een tiende van het totale personeelsbestand.
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Klanten sturen veel minder pakketjes terug naar Wehkamp sinds dat niet meer gratis kan. De webwinkel voerde de maatregel vorig jaar in en zag de retourzendingen met 14 procent dalen.
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Air France-KLM schat dat de wereldwijde computerstoring van afgelopen vrijdag het bedrijf ongeveer 10 miljoen euro heeft gekost. Het luchtvaartconcern heeft inkomsten gemist doordat het vluchten moest annuleren. Ook heeft het kosten gemaakt om reizigers onder te brengen in hotels.
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Opgevoerde fatbikes zijn volgens velen een gevaar op de weg, maar wat kun je daar zelf mee? Kun je controleren of je puber een opgevoerde fiets heeft en is het dan veilig? Of moet je de fatbike helemaal links laten liggen?
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Vattenfall stopt met de slogan "Fossielvrij leven binnen één generatie" in reclameuitingen. Dit besluit komt na kritiek van toezichthouder ACM, die de duurzaamheidsclaim misleidend vindt voor consumenten. Het energiebedrijf moet klimaatambities concreter maken.
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Zsolt Szabó, de nieuwe staatssecretaris voor Digitalisering en Koninkrijksrelaties, heeft een officieel account op X. Dat is opvallend, want zijn voorganger Alexandra van Huffelen maakte er een punt van om het sociale netwerk van Elon Musk vanwege wanbeleid te verlaten.
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Air France-KLM verwacht dat de Olympische Spelen in Parijs de luchtvaartmaatschappij weinig goed doen. Doordat toeristen Parijs mijden en Fransen hun vakantie uitstellen, vervoert vooral Air France minder reizigers deze zomer. Dat kost het concern ongeveer 200 miljoen euro.
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De luchthaven van Frankfurt heeft donderdagochtend ongeveer 140 vluchten geschrapt vanwege onveilige demonstraties van klimaatactivisten rond de landingsbanen. Om die reden werden ook woensdag al enkele vluchten geschrapt.
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De luchthaven van Frankfurt heeft donderdagochtend ongeveer 140 vluchten geschrapt vanwege onveilige demonstraties van klimaatactivisten rond de landingsbanen. Om die reden werden ook woensdag al enkele vluchten geschrapt.
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Netbeheerder Stedin weet steeds meer bedrijven zover te krijgen om de spits op het stroomnet te mijden. 56 megawatt aan stroomverbruik wordt verplaatst naar een gunstiger moment van de dag, evenveel als het verbruik van een stad als Dordrecht. Desondanks is het stroomnet nog overvol.
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International Business Machines beat analysts’ expectations on the top and bottom lines with its second quarter results Wednesday.
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It was more about what the company isn't doing about a recent crisis, rather than what it is doing.
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Advance Micro Devices is set to report earnings after the bell Tuesday, with investors likely to be watching for data center segment growth and a strong outlook.
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(Bloomberg) -- ServiceNow Inc. President CJ Desai is leaving the company after an investigation into a government contract and hiring of a former US Army technology leader.Most Read from BloombergHarris Just Showed Why Trump Is So Afraid of HerI Changed My Mind. The Fed Needs to Cut Rates Now.What Initial Polling Data Show About the Trump-Harris MatchupStocks Get Hit as ‘AI Trade’ Slams Into a Wall: Markets WrapHarris Targets Trump by Raising Threat of ‘Extreme’ Project 2025Desai, one of the com
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It was a busy day for shares of Bausch Health Companies, which were cut nearly in half before recovering as it addressed a report saying it was mulling bankruptcy options.
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Honda will close a plant operated through its joint venture (JV) with Chinese state-owned automaker Guangzhou Automobile Group in October, a company spokesperson said. The automaker has made the Accord sedan model at the plant, which was opened nearly two decades ago and has an annual production capacity of 50,000 vehicles.
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American entrepreneur and business owner Robert Kiyosaki said in an interview, "America is going to be the poorest country in the world, starting now." Kiyosaki, known for his book "Rich Dad Poor Dad," was interviewed on a podcast while he was in India for Growth Summit India 2023. He talked about visiting Mumbai during this trip, saying, "I always go to slums. So, this time, I went to the slums of Mumbai. And I'm looking at, talking to people. But what shocked most people was that America had n
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Chipotle Mexican Grill surpassed market estimates for quarterly sales on Wednesday, benefiting from consistent demand for its rice bowls and burritos even as menu items get pricier. The restaurant chain's comparable sales rose 11.1% in the second quarter, compared with analysts' average estimate of a 9.09% increase, according to LSEG data.
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About 75% of the revenue was recurring, CFO James Kavanaugh told Reuters. The company's AI Book of Business - a combination of bookings and actual sales across various products - grew to $2 billion, of which about $1 billion was added in the second quarter. Still, consulting revenue fell about 1% to $5.18 billion as clients cut back on discretionary spending and short-term consulting projects.
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It was a bit of a head-scratcher, and could be a buying opportunity.
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Legacy automakers have had to scale down their EV ambitions amid easing demand, a shift to hybrids and stiff competition from Tesla and Chinese EV makers in global markets. Ford has delayed the launch of its new three-row electric crossover and outlined plans to use the Canadian plant it earmarked to build those vehicles and focus on larger, gasoline-powered versions of its flagship F-Series trucks.
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Streaming TV isn't growing like investors hoped.
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Earnings season has kicked off for the "Magnificent Seven." What does this mean for Nvidia?
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Investors are looking at Alphabet and Tesla's recent earnings results and becoming more bearish about Intel.
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Profits are dropping as sales stall.
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The swift ascension of Kamala Harris has knocked some of the wind out of Trump Media & Technology, Donald Trump's social media company.
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Nvidia partner Vertiv reported a big jump in organic orders, lifting earnings and revenue above analysts' estimates.
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Tesla stock looks like the "Bad News Bears" of the auto industry.
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A millennial has been looking for a job since 2020 but can't get hired. He says his college degrees haven't helped him.
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Morgan’s policy change comes as analysts question whether more wealth managers will be forced to pay higher interest on clients’ uninvested cash.
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Lamb Weston CEO Tom Werner said he was "disappointed" by the company’s fourth-quarter results, which missed profit and revenue expectations, and issued a warning about fiscal 2025.
( 66
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During a jury trial in Texarkana, Texas, Tuesday in which a 27-year-old woman contended Dallas Cowboys owner Jerry Jones is her father and where Jones has countersued, U.S. District Judge Robert W. Schroeder announced the litigation was dismissed as the parties reached a settlement. He then thanked the jurors and released them from service in …
( 64
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Alphabet stock is falling despite great Q2 results. Is this a buying opportunity?
( 67
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The Aussie has seen a bit of a bounce from the absolute lows during the Wednesday session, as traders continue to act on a slowing global economy. With this, the market is due for a bounce though, as it has oversold.
( 66
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These proven growth stocks are getting back on track after a couple of difficult years, and they look wildly undervalued.
( 69
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Microsoft is currently the largest holding in the Bill & Melinda Gates Foundation Trust portfolio.
( 68
min )
(Bloomberg) -- CrowdStrike Holdings Inc., the cybersecurity company at the center of massive global IT outages, said that a bug in a safety mechanism allowed flawed data to go out to customers in a botched update, causing last week’s meltdown. Most Read from BloombergWhat Initial Polling Data Show About the Trump-Harris MatchupA Six-Second Decision Shows How Harris Snapped Up DelegatesTrump Floated Jamie Dimon for Treasury Secretary, Then Denies ItTesla Profit Falls Short Again as Musk Demands I
( 67
min )
Costco has so many perks, it's hard to keep track of them all. Find out which five might be new to you.
( 68
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Microsoft said in April that a shortage of data center infrastructure needed to deploy AI models was hampering its ability to capitalize on the boom in the technology. The company has taken an early lead in the AI race thanks to its investment in ChatGPT-maker OpenAI and has been pouring billions of dollars into cloud infrastructure to maintain its edge over Google-parent Alphabet and Amazon.com. As part of the deal on Wednesday, Lumen will tap the tech giant's Azure cloud services to cut costs.
( 66
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How could artificial intelligence technology transform military contracting and law enforcement?
( 67
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AT&T Inc (NYSE:T) reported fiscal second-quarter 2024 operating revenues of $29.8 billion, down 0.4% year over year and missing the analyst consensus estimate of $29.9 billion. Adjusted EPS of $0.57 is in line with the analyst consensus estimate. The stock price gained after the print. Also Read: AT&T and Snowflake Hit by Cyberattack, Millions of Customers Affected In the Mobility segment, AT&T clocked 997 thousand wireless net adds, including 419 thousand postpaid phone net adds, beating analys
( 67
min )
Palantir's stock had a strong run-up in 2024.
( 68
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Investors would be wise to follow Warren Buffett's sage advice.
( 68
min )
Find the latest Waste Management, Inc. (WM) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 46
min )
Newmont Corp and Barrick Gold Corp, the top two gold miners of the world, are expected to post higher quarterly profits, powered by a rally in the precious metal's prices. "We are expecting a very strong second quarter, given the significant increase in the gold price and relatively flat cost expectations," analysts at brokerage TD Cowen said. NYSE Arca Gold Miners Index, which tracks the gold-mining industry, has risen about 20% so far, versus a 16.5% rise in the benchmark S&P 500.
( 67
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Contract drug manufacturers witnessed cut back on spending by their biotech clients in 2023 amid rising interest rates. The public funding environment for early-stage biotechs is expected to improve in the second half of this year, on hopes of interest rate cuts from the Federal Reserves in September. Thermo Fisher now expects annual profit in a range of $21.29 to $22.07 per share, compared with previous forecast of $21.14 to $22.02 per share.
( 31
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Porat will pivot full-time to her role of chief investment officer at Alphabet and Google.
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As you make your retirement budget, it's important to keep two issues in mind. First, understand your needs — what budget will you need to pay your bills, and what budget will you want to afford your lifestyle? And second, understand your capacity — what income can your portfolio comfortably and reliably generate for you? […] The post We’re 63, Have $1.5 Million in IRAs and Will Receive $4,500 Monthly From Social Security. What's Our Retirement Budget? appeared first on SmartReads by SmartAsset.
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Find the latest HireQuest, Inc. (HQI) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 46
min )
Find the latest Texas Pacific Land Corporation (TPL) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 46
min )
The best way to profit from a brand-new and volatile industry like AI is to stick to the clear winners.
( 68
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Their yields may seem low, but these stocks have been growing their dividend payments at a fast pace.
( 68
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The company added 419,000 monthly bill-paying wireless phone subscribers, compared with expectations of 284,800 additions, according to five analysts polled by FactSet. AT&T's unlimited plans that are usually priced lower than those of rivals have helped the company add budget-conscious customers amid tough competition from T-Mobile and Verizon.
( 66
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Zscaler, SentinelOne, and Palo Alto Networks might be more promising plays right now.
( 68
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There is a long list of reasons to buy Nvidia stock, but investors shouldn't ignore the potential headwinds that could be ahead.
( 69
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Ackman was one of the original investors in this real estate stock and has built up his stake over the past few years.
( 68
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Nvidia's portfolio of artificial intelligence (AI) stocks continues to grow.
( 68
min )
This company's recent 2-for-1 stock split has nothing to do with Buffett's favorable view of its stock.
( 67
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Here are three technology stocks that should definitely be on your buy list.
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A small amount of money can go a long way when it's put to work in game-changing businesses that possess clear-cut catalysts.
( 70
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The stock market is overvalued by historical standards, but not to same degree as it was during the dot-com bubble.
( 69
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A historic retirement spike is expected this year as a record 4.1 million Americans turn 65. The wave is likely to hurt some industries more than others
( 70
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These "Class of 2024" stock-split stocks could see their earnings per share (EPS) increase by up to 383% come 2028.
( 70
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Medical Properties Trust's top tenant is struggling to sell assets.
( 68
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Chip stocks are soaking up most of the artificial intelligence (AI) attention right now, but software stocks might present an even greater opportunity.
( 69
min )
Verizon's revenue miss wasn't all bad.
( 67
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Why the CEO may be selling shares.
( 68
min )
The Oracle of Omaha made another major stock sale on a longtime holding.
( 68
min )
Are you living in one of them?
( 69
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(Bloomberg) -- Chinese equity benchmarks pared early losses Wednesday, with the rebound coinciding with a jump in trading activity among exchange-traded funds known to be favored by the state fund.Most Read from BloombergWhat Initial Polling Data Show About the Trump-Harris MatchupA Six-Second Decision Shows How Harris Snapped Up DelegatesTrump Floated Jamie Dimon for Treasury Secretary, Then Denies ItWiz Rejects Google’s $23 Billion Offer, Seeks IPO InsteadHarris Has Enough Delegates to Clinch
( 67
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“Did we maximize our value? Probably not," says Jyoti Bansal, founder of AppDynamics.
( 66
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Asian stocks fell on Wednesday as markets digested Japanese and Australian business data, after U.S. stocks held relatively steady as earnings reporting season ramped up for big companies. Japan’s benchmark Nikkei 225 slipped 1.1% to 39,154.85, with the Japanese yen trading at its highest level in months ahead of a Bank of Japan policy decision next week. The U.S. dollar was trading over 162 yen earlier this month but the Japanese currency has strengthened in recent days after officials intervened to staunch the yen's decline.
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(Bloomberg) -- Asian stocks were poised to open flat to lower, following an unimpressive start to the earnings reports from the “Magnificent Seven” megacap technology companies.Most Read from BloombergWhat Initial Polling Data Show About the Trump-Harris MatchupA Six-Second Decision Shows How Harris Snapped Up DelegatesHarris Has Enough Delegates to Clinch Nomination for PresidentWiz Rejects Google’s $23 Billion Offer, Seeks IPO InsteadTrump Floated Jamie Dimon for Treasury Secretary, Then Denie
( 69
min )
(Bloomberg) -- Visa Inc. slipped in late trading Tuesday after reporting quarterly revenue that just missed Wall Street estimates — a rarity for the world’s biggest payments network.Most Read from BloombergWhat Initial Polling Data Show About the Trump-Harris MatchupA Six-Second Decision Shows How Harris Snapped Up DelegatesTrump Floated Jamie Dimon for Treasury Secretary, Then Denies ItWiz Rejects Google’s $23 Billion Offer, Seeks IPO InsteadHarris Has Enough Delegates to Clinch Nomination for
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There are plenty of newly built homes for sale these days—and fewer takers.
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International Business Machines beat analysts’ expectations on the top and bottom lines with its second quarter results Wednesday.
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Tenet Healthcare shares jumped Wednesday after the company announced stronger-than-expected quarterly results and raised its guidance.
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Advance Micro Devices is set to report earnings after the bell Tuesday, with investors likely to be watching for data center segment growth and a strong outlook.
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Ford Motor shares took a hit after the bell Wednesday after the automaker’s second-quarter earnings fell short of expectations.
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It was a busy day for shares of Bausch Health Companies, which were cut nearly in half before recovering as it addressed a report saying it was mulling bankruptcy options.
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The global tech outage caused by CrowdSource could cost Fortune 500 companies $5.4 billion, according to Parametrix estimates.
( 17
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Canada cut interest rates for the second time this year, as officials said they wanted to get ahead of potential economic weakness. Some U.S. economists have voiced similar concerns, arguing that the Fed should move aggressively and cut rates at its meeting next week.
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Chipotle Mexican Grill shares surged in extended trading Wednesday after the restaurant chain reported better-than-expected results for the second quarter.
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Shares of Lamb Weston, which makes French fries, were under severe pressure Wednesday, with diners still ordering fries but eating out less often.
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The S&P 500 dropped 2.3% on Wednesday, July 24, 2024, following lackluster earnings results from Tesla and Google parent Alphabet.
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Fold, which provides bitcoin-related rewards and financial services, intends to go public via a SPAC merger later this year and says it will have a stash of a 1,000 bitcoins when it does.
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The Magnificent Seven tumbled on Wednesday after earnings reports from Tesla and Alphabet raised concerns about slowing earnings growth at America's tech titans.
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Nvidia partner Vertiv reported a big jump in organic orders, lifting earnings and revenue above analysts' estimates.
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The service sector outpaced manufacturing for the fourth straight month, with the two industries now at their greatest distance in more than a year.
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NextEra Energy said "strong tailwinds" are boosting its business, and it sees solid adjusted profit ahead.
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Enphase Energy indicated that the drop in demand for solar power in the U.S. may be over, and its shares soared in intraday trading Wednesday.
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Business inventories, an influential part of the economy's overall growth, rose in June as retailers and wholesalers let their stockpiles grow.
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Tesla shares tumbled Wednesday, a day after the company reported disappointing earnings, with some analysts focusing on weak operating margins and others highlighting the potential of Tesla's robotaxi and AI efforts.
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CEO Elon Musk Says the New Model Should be in Production Next Year
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Bitcoin ETF flows turned negative for the first time in two weeks as spot ether ETFs enjoyed their first day of trading.
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CrowdStrike shares are still falling after last week's outage. Some investors have bought the falling stock, while some customers are still working to resolve persistent issues from Friday's incident.
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Lamb Weston CEO Tom Werner said he was "disappointed" by the company’s fourth-quarter results, which missed profit and revenue expectations, and issued a warning about fiscal 2025.
( 20
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New spot ether ETFs garnered $107.8 million in total inflows and exceeded a $1 billion in trading volume on their first day of trading.
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General Dynamics Corporation reported second-quarter results Wednesday that revealed a sizable revenue bump driven by increased aircraft deliveries.
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U.S. equities sank at midday Wednesday as tech stocks tumbled in the wake of disappointing earnings reports.
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Boston Scientific's second-quarter earnings and revenue got a boost from high demand for its heart devices.
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The company's second-quarter results were buoyed by significantly more new postpaid subscribers than analysts expected.
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Shares of Google parent Alphabet lost ground Wednesday amid concerns about higher spending on AI investments, but analysts were more bullish, raising their price targets based on Google's strengths and signs of benefits from AI.
( 21
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Apple has been put under investigation by Spanish antitrust officials, who allege that the iPhone maker might be “imposing unfair trading conditions on developers" who use its App Store.
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Policymakers at the Federal Reserve try to avoid politics at all costs—but the central bank is widely expected to cut interest rates ahead of the U.S. presidential election, a move that risks causing backlash.
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LVMH’s second-quarter results, with tepid sales disappointing investors, showed that the pullback by consumers on high-end items and cooling Chinese spending is affecting even the world’s largest luxury firm.
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GE Vernova reported its first profitable quarter in its second report since splitting from GE Aerospace earlier this year, reiterating that it expects its wind division to be "approaching profitability" by the end of the year.
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Thermo Fisher Scientific posted better sales and profits than analysts expected Wednesday, and the company also lifted its full-year guidance for fiscal 2024.
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News of the day for July 24, 2024
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Shares Fell 12% on Tuesday to a 4-Year Low
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Shares Tumbled Nearly 8% in Extended Trading
( 21
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Diefstal in winkels is in Engeland en Wales naar ongekende hoogte gestegen. Tussen maart 2023 en maart 2024 zijn er maar liefst 444.000 gevallen van winkeldiefstal geregistreerd. Dat is 30 procent meer dan het jaar ervoor.
( 1
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Netbeheerder Stedin had de woning van een consument die in de schuldsanering zit moeten aansluiten op gas en stroom. Dat heeft het College van Beroep voor het bedrijfsleven eerder deze week beslist.
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Ongeveer twee derde van de patiënten die bij Co-Med stonden ingeschreven, heeft een maand na het faillissement van de huisartsenketen nog geen nieuwe vaste huisarts. Bijna vijftienduizend mensen hebben al wel een vervanger gevonden, laat zorgverzekeraar CZ woensdag weten.
( 1
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Alphabet heeft nog altijd geloof in zelfrijdende auto's en investeert hier de komende jaren 5 miljard dollar (4,6 miljard euro) extra in. Dat heeft het moederbedrijf van Google dinsdagavond bekendgemaakt. Concurrent Apple stopte onlangs juist met zelfrijdende auto's.
( 1
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Het kabinet mag vier nieuwe onderzeeboten bestellen bij het Franse bedrijf Naval. Het bezwaar van een Duitse concurrent is woensdag door de rechtbank in Den Haag afgewezen.
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Het kabinet mag vier nieuwe onderzeeboten bestellen bij het Franse bedrijf Naval. Het bezwaar van een Duitse concurrent is woensdag door de rechtbank in Den Haag afgewezen.
( 1
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Het kabinet mag vier nieuwe onderzeeboten bestellen bij het Franse bedrijf Naval. Het bezwaar van een Duitse concurrent is woensdag door de rechtbank in Den Haag afgewezen.
( 1
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De Nederlandse Zorgautoriteit heeft in februari een inval gedaan bij huisartsenketen Co-Med in Maastricht, meldt NRC. De toezichthouder kan de inval niet bevestigen, maar zegt wel tegen NU.nl dat er een onderzoek loopt.
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FrieslandCampina heeft in de eerste zes maanden van dit jaar winst geboekt, nadat het zuivelconcern in december een flink aantal banen schrapte. Dat heeft de kosten flink omlaag gebracht.
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FrieslandCampina heeft in de eerste zes maanden van dit jaar winst geboekt, nadat het zuivelconcern in december een flink aantal banen schrapte. Dat heeft de kosten flink omlaag gebracht.
( 1
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Dat zo'n 8,5 miljoen computers eind vorige week met een storing te maken kregen, kwam door een fout in de testsoftware van cybersecuritybedrijf CrowdStrike. De software controleert updates voordat ze worden uitgestuurd, maar dat programma faalde dit keer zelf.
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Het klantenbestand van KPN is afgelopen kwartaal met ruim een half miljoen mobiele klanten gegroeid. Dat komt vooral door de overname van Youfone. Dat bedrijf was voor de overname de grootste onafhankelijke aanbieder op het mobiele netwerk van KPN.
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Luchtvaartmaatschappij easyJet heeft in het afgelopen kwartaal 693 miljoen pond (823 miljoen euro) aan zogenoemde bijkomende omzet ontvangen. Dat is een toename van 11 procent vergeleken met hetzelfde kwartaal een jaar eerder.
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Tesla heeft in het tweede kwartaal van dit jaar minder winst geboekt ten opzichte van dezelfde periode een jaar eerder. Dat kwam onder meer doordat de elektrische autofabrikant minder omzet haalde uit de verkoop van Tesla-wagens, waarvan de prijzen zijn gedaald.
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Airline ticket prices are down from last year as companies attempt to outweigh higher operating costs and empty planes by luring customers in with discounts.
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After Google parent Alphabet reported second-quarter results that beat expectations, executives updated investors on the tech giant's investments in artificial intelligence, outlook, and more.
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Stock Closed Tuesday at Highest Level Since Early 2008 After a Strong Earnings Report
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Southwest Airlines is facing a safety review by the Federal Aviation Administration following a series of incidents in recent months.
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Despite the heavy trading volume, the spot ether ETFs were down around 1% on the day.
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Tesla reported second-quarter profits fell 45% from a year ago, as the electric vehicle maker said costs for development of AI projects rose, while the average sale price of its vehicles fell.
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The S&P 500 fell 0.2% on Tuesday, July 23 as quarterly earnings results from an array of companies took center stage.
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With the days of Bidenomics now numbered, voters are waiting to see what exactly the president’s endorsed candidate in the 2024 election would do for their finances.
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Google parent Alphabet reported second-quarter earnings after the bell Tuesday that beat analysts' expectations, driven by cloud and search strength.
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Philip Morris shares gained Tuesday after the company beat second-quarter profit and sales forecasts and boosted its outlook on strong demand for smokeless products.
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Microsoft is set to report earnings after the bell on July 30, with investors likely to be watching for cloud segment growth and updates on the company's artificial intelligence initiatives.
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HCA Healthcare shares hit a record intraday high on Tuesday after the company reported second-quarter sales and profits that topped analysts' expectations.
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Potential buyers fed up with high prices sat out of the housing market in June, but the tide could soon be turning in their favor.
( 21
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Johnson Controls Will Get $6.7B From the Deal
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Lockheed Martin on Tuesday topped analysts' expectations with its second-quarter results and raised its full-year outlook, sending shares higher.
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General Motors shares dropped Tuesday after it disclosed a surprising loss in China and took a $600 million charge for its struggling Cruise autonomous vehicle unit, while reporting improved profit and revenue for the latest quarter.
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Nine spot ether exchange traded funds began trading today, though some experts are worried that the Grayscale Ethereum Trust could be a drag on the price of ether over the short term.
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Meta announced its most capable open-source AI model called Llama 3.1, which could help the company better compete with Microsoft-backed OpenAI, Alphabet's Google, and Amazon-backed Anthropic in the AI race.
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U.S. equities gained at midday Tuesday after a flurry of earnings reports from GE Aerospace, Sherwin-Williams, and more.
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The U.S. Department of Transportation is investigating whether Delta Air Lines is protecting its customers as it continues to cancel hundreds of flights following Friday's global tech outage.
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Russell 2000 Has Outpaced S&P 500 This Month
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Spotify Technology posted second-quarter earnings that delivered record profit, driven by a surge in Spotify Premium revenue.
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Comcast on Tuesday reported lower second-quarter revenue as broadband internet and cable subscriptions fell, but higher adjusted profit than analysts had expected.
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Episode 197 of the Investopedia Express Podcast with Caleb Silver (July 22, 2024)
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Coca-Cola exceeded second-quarter profit and sales estimates and increased its full-year guidance as unit volume and prices rose.
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GE Aerospace shares jumped Tuesday after the company posted second-quarter earnings that beat estimates and lifted its profit projections for the full fiscal year.
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Sherwin-Williams shares rose Tuesday after the paint maker posted better-than-forecast second-quarter adjusted profit on higher residential sales and upped its full-year earnings outlook.
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Google's potential $23 billion acquisition of Wiz—what would have been its largest deal ever—has reportedly ended, with the cybersecurity startup focusing on an IPO instead.
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Nine spot ether exchange-traded funds start trading today. Here is what you need to know about the new listings.
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Nine spot ether exchange-traded funds start trading today. Here is what you need to know about the new listings.
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UPS shares tumbled Tuesday after the shipping giant reported second-quarter profits plunged over 30% from a year ago and missed analysts' estimates.
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UPS shares tumbled Tuesday after the shipping giant reported second-quarter profits plunged over 30% from a year ago and missed analysts' estimates.
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The Magnificent Seven soared on Monday ahead of a slew of earnings reports that could shake up the small-cap rotation that hammered the market's leading stocks last week.
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Shares in NXP Semiconductors slumped ahead of Tuesday’s opening bell after the Dutch-based chipmaker issued a weaker-than-expected current-quarter outlook. Monitor this key chart level.
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News of the day for July 23, 2024
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Shares in the Cybersecurity Company Have Fallen 23% Over the Last Two Trading Sessions
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Vice President Kamala Harris has all but sewed up the nomination as the Democratic presidential candidate to face Republican Donald Trump on Nov. 5, after President Joe Biden withdrew from the race on Sunday. Senate Majority Leader Chuck Schumer and House of Representatives Minority Leader Hakeem Jeffries supported Harris's bid in the election and a majority of party delegates have committed to her. In a Reuters/Ipsos national poll conducted Monday and Tuesday, Harris led Trump 44% to 42%, a difference within the 3-percentage-point margin of error.
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Payment processing giant Visa Inc. said Tuesday that its fiscal third-quarter profits rose 9% on an adjusted basis, as it benefits from consumers and businesses moving their payments from cash to credit and debit cards. Excluding one-time items, Visa earned $2.42 a share, which was in line with what analysts had expected, according to FactSet. Visa earns a fee from every transaction processed on its network.
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The S&P 500-tracking ETF has already surpassed its record full year 2021 inflows.
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In a recent development, Broadcom Inc. (NASDAQ:AVGO) is making significant strides in the AI stock market, posing a challenge to Nvidia Corporation (NASDAQ:NVDA). What Happened: The report, based on recent interactions with investors in New York and Connecticut, indicates that Broadcom’s specialized AI business is gaining traction, Business Insider reported on Tuesday. The company has been assisting cloud giants like Alphabet (NASDAQ:GOOGL) and Amazon Inc. (NASDAQ:AMZN) in developing customized
( 61
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Many people find money matters stressful – so much that a hefty portion avoids their financial reality. A MarketWatch survey reveals that 42% of Americans don't check their checking account balance because they fear what they might see. People typically check their phones an average of 58 times per day, but few pay the same frequency to their finances. This avoidance may offer temporary relief but isn’t a sustainable financial strategy. Don't Miss: Are you richer than most people you know? Here’
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In his remarks on July 15, Fed Chair Jerome Powell made it crystal clear that he believes the days of elevated inflation—and therefore, the need to keep interest rates high—are almost over. Calling the results of the last three reports on inflation “a ...
( 62
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Most people know today's professional athletes make millions of dollars; however, they may not realize that an alarmingly high number of today's NBA or NFL players will experience severe financial difficulties after retirement. Hall of Fame Center ...
( 62
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In a recent interview with Theo Von, Dave Ramsey shared some candid thoughts about real estate and investments. Ramsey didn't hold back, saying, "I hear this stuff on social media that real estate's passive income – bull crap. There's nothing passive about it, dude. Your butt's active. You're either in the middle of it, or you're getting screwed. One of the two." Don't Miss: Gen Z and Millennial millionaires couldn't care less for stocks and bonds — Here's what they're buying instead. Can you gu
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Traders in the options market expect Tesla shares to swing by nearly 10% in either direction by Friday, options data showed. With Tesla market cap at around $800 billion, such a move would make for a swing in the value of the company of about $80 billion. The EV maker is likely to report on Tuesday that its second-quarter margin hit a more than five-year low, and CEO Elon Musk is expected to double down on the company's robotaxi plans and AI products.
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Rachel Reeves will be urged to raid the pension savings of up to 6m middle-class workers in plans presented by Treasury officials ahead of her first Budget.
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In a recent discussion surrounding the future of Social Security, a controversial proposal suggests limiting contributions to tax-advantaged retirement accounts, such as 401(k) plans, or imposing annual taxes on their earnings. This idea, put forward by industry academics, aims to address the growing funding shortfall in Social Security but has drawn sharp criticism from advocates of the existing retirement savings system. Don't Miss: The average American couple has saved this much money for ret
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Higher costs spark a disappointing earnings result.
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Real estate investor Grant Cardone is no stranger to controversy. He frequently opines on the housing market, particularly the belief that owning your home is not an investment but instead can be a liability. His most recent statement may ruffle even ...
( 63
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Broadcom began trading on a split-adjusted basis on July 15.
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Even great businesses have short-term stock sell-offs.
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On a price-to-free-cash-flow basis, this social media giant appears undervalued compared to some of its mega-cap peers.
( 62
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(Bloomberg) -- United Parcel Service Inc.’s shares tumbled the most in more than 15 years after the parcel giant reported a profit well short of Wall Street’s estimates amid pressure from wage inflation and soft package demand.Most Read from BloombergHarris Has Enough Delegates to Clinch Nomination for PresidentTrump Risks Getting Tables Turned on Him With New 2024 AdversaryWiz Rejects Google’s $23 Billion Offer, Seeks IPO InsteadA Six-Second Decision Shows How Harris Snapped Up DelegatesHarris
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An idiosyncratic indicator – the aggregate market cap of US stocks compared to the total GDP, a measure favored by Warren Buffett – is approaching 200%, the level which the Oracle of Omaha says suggests danger on the way. “”For me, the message of that chart is this: If the percentage relationship falls to the 70% to 80% area, buying stocks is likely to work very well for you. If the ratio approaches 200% — as it did in 1999 and a part of 2000 — you are playing with fire,” Buffett stated in a For
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Few people in the world understand real estate on a global scale better than Steve Schwarzman. The billionaire CEO of Blackstone (NYSE:BX) has an unerring ability to see where the market is going and be there with plenty of capital to deploy. On the ...
( 62
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President Joe Biden’s decision not to seek a second term doesn’t appear to be having much of an effect on markets — but that could change once fall arrives and, with it, the final stretch of the presidential campaign.
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UPS shares tumbled Tuesday after the shipping giant reported second-quarter profits plunged over 30% from a year ago and missed analysts' estimates.
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Zyn nicotine pouches have so far been at the forefront of the company's effort to claim a larger chunk of the demand for alternatives to traditional cigarettes in the United States. Philip Morris expects an adjusted annual per-share profit, excluding currency, of between $6.67 and $6.79, compared with its earlier forecast of $6.55 to $6.67 per share. The company also expects annual nicotine pouch shipment volumes in the U.S. of 560 million to 580 million cans, up from its earlier expectation of 560 million cans.
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Nvidia owns a 10% stake in this AI-powered sidewalk delivery robot company that Uber spun off in 2021.
( 63
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This politician's portfolio is a lot heavier on AI stocks than it was in 2023.
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U.S. defense company Lockheed Martin raised its annual sales target for the first time this year on Tuesday, following the unexpected resumption of deliveries of its F-35 aircraft after Pentagon began accepting the jets last week. The U.S. resumed taking F-35 deliveries after a months-long pause due to delays on its software upgrade. Lockheed has been upgrading the jets under Technology Refresh 3, or TR-3 program, that gives the F-35 better displays and processing power.
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W.P. Carey can finally start cashing in on its stake in Lineage Logistics.
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Young Americans are flocking to open Roth IRA accounts to secure their retirement. An analysis from Boston College's Center for Retirement Research shows that the percentage of Roth IRA accounts held by households led by individuals aged 20-29 has ...
( 62
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Perhaps your daughter recently got married and you want to help her and her husband start their new life. Or maybe they suddenly find themselves in need of financial assistance and turn to you for help. Fortunately, the IRS allows you to give away a certain amount of assets – from real estate and stocks […] The post I Want to Give Money to My Daughter and Son-in-Law. How Much Can I Give Without Triggering Taxes? appeared first on SmartReads by SmartAsset.
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Find the latest Truist Financial Corporation (TFC) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 46
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UPS boosted its volume in the U.S. for the first time since 2022 during its second quarter, but profit and revenue fell short of Wall Street expectations, partly due to a hefty charge. CEO Carol Tome said the package delivery company returned to volume growth in the U.S. during the quarter for the first time in nine quarters. “This quarter was a significant turning point for our company," Tome said in a prepared statement.
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Find the latest Truist Financial Corporation (TFC) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 46
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Ethereum ETFs hit the market today – but is Wall Street really ready to embrace the future of finance?
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I retired in 2022 at 62 years old. I have a $2,900 monthly pension and draw $1,900 per month in Social Security. I have $520,000 in my 401(k) and $24,000 in an IRA. I currently move $10,000 from my 401(k) to my IRA every time it increases $10,000 in value. Is it wise to do […] The post Ask an Advisor: I'm Already Retired But I've Been Converting $10k at a Time From My 401(k) to an IRA. Is This Wise? appeared first on SmartReads by SmartAsset.
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Berkshire Hathaway's top three stock holdings reflect all the key features of Warren Buffett's investing strategy.
( 62
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Although both companies have had good years, there are still lucrative growth opportunities ahead.
( 62
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If you're looking to generate income without giving up long-term upside potential, here are three ETFs for you to look at.
( 62
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Find the latest Atlas Energy Solutions Inc. (AESI) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 46
min )
Find the latest Offerpad Solutions Inc. (OPAD) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 46
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Nvidia has a 100% success rate of rebounding after pullbacks of 10% or more. Will this time be different?
( 62
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Will the outage have a long-term impact on CrowdStrike's business?
( 62
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(Bloomberg) -- This year has been a testament to Elon Musk’s ability to lead Tesla Inc.’s shares into and out of trouble.Most Read from BloombergHarris Has Enough Delegates to Clinch Nomination for PresidentTrump Risks Getting Tables Turned on Him With New 2024 AdversaryHarris Wins Soros Backing While Other Billionaire Donors Want an Open ContestA Brief History of Kamala Harris and Her PoliticsWiz Rejects Google’s $23 Billion Offer, Seeks IPO InsteadIt’s been a volatile time even by Tesla standa
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Presidential candidate Donald Trump backed Trump Media & Technology Group (NASDAQ:DJT) stock, trading lower Tuesday, following its downward trajectory for this week despite President Joe Biden’s withdrawal of candidature from the 2024 Presidential race. Trump Media stock experienced a significant surge last week, rising 13% from $31 to $35, primarily attributed to favorable news surrounding Donald Trump. Many believe the stock’s high valuation is closely tied to Trump’s involvement. Also Read: M
( 60
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Nvidia is certainly a popular stock among billionaires, but it isn't the most widely held.
( 62
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The selling continues at Berkshire Hathaway, with the second-largest holding Warren Buffett oversees being pared down by nearly 33.9 million shares.
( 64
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(Bloomberg) -- One was in the car with her family, the other had his phone off, when Jamie Dimon began dialing their numbers on a Saturday in January with a question: Could they run a Wall Street operation bigger than Goldman Sachs?Most Read from BloombergHarris Has Enough Delegates to Clinch Nomination for PresidentTrump Risks Getting Tables Turned on Him With New 2024 AdversaryHarris Wins Soros Backing While Other Billionaire Donors Want an Open ContestA Brief History of Kamala Harris and Her
( 64
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Eight of Wall Street's top billionaire money managers dumped shares of Nvidia in the March-ended quarter in favor of two high-octane growth stocks outside of the artificial intelligence (AI) arena.
( 64
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The Bill and Melinda Gates Foundation Trust outperformed the S&P 500 over the last three years, and large positions in Microsoft and Waste Management were a big reason why.
( 62
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Find out if the huge yields these pressured dividend payers offer could be worth the risk.
( 62
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(Bloomberg) -- Chinese stocks saw their worst selloff in six months as a lack of major policy support following the Third Plenum reinforced bearish sentiment.Most Read from BloombergTrump Risks Getting Tables Turned on Him With New 2024 AdversaryHarris Has Enough Delegates to Clinch Nomination for PresidentHarris Wins Soros Backing While Other Billionaire Donors Want an Open ContestA Brief History of Kamala Harris and Her PoliticsJoe Biden Bows to Democrats Who Wanted Him Out, Upending US Politi
( 60
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Technology shares look poised to continue to lead the market higher over the long term.
( 62
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(Bloomberg) -- Apple Inc. Chief Operating Officer Jeff Williams and Micron Technology Inc. President Sanjay Mehrotra made a low-profile trip to Beijing to meet with senior Chinese officials as the US is again mulling stricter tech curbs against China.Most Read from BloombergHarris Has Enough Delegates to Clinch Nomination for PresidentTrump Risks Getting Tables Turned on Him With New 2024 AdversaryHarris Wins Soros Backing While Other Billionaire Donors Want an Open ContestA Brief History of Kam
( 61
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SoFi stock could be about to go on an epic run.
( 62
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These companies could deliver significant stock gains as they head into earnings season next month.
( 62
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(Bloomberg) -- Stocks and currencies in Asia advanced as some calmness returned following a bout of political uncertainty, with traders turning their focus to upcoming tech earnings. Most Read from BloombergTrump Risks Getting Tables Turned on Him With New 2024 AdversaryHarris Wins Soros Backing While Other Billionaire Donors Want an Open ContestA Brief History of Kamala Harris and Her PoliticsHarris Has Enough Delegates to Clinch Nomination for President, AP SaysJoe Biden Bows to Democrats Who
( 62
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And Volkswagen's stock dropped 1.6%. Some analysts praised the creation of a Volkswagen-Rivian joint venture to help the German giant with software. The world's second-largest automaker faces a vexing landscape of challenges in Europe, the U.S. and especially China, where domestic EV makers led by BYD are swiping its market share.
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Investors are eyeing portfolio protection from a potentially rough stretch in U.S. stocks as they face political uncertainty, big tech earnings and seasonal weakness. Excitement over advances in artificial intelligence and gradually cooling inflation have helped the S&P 500 rise nearly 17% this year. Bets in options markets show investors expect that calm to be tested in coming weeks.
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Markets mostly took Joe Biden's withdrawal from the U.S. presidential race in their stride, flicking the switch from politics back to focus on earnings and interest rates. In the U.S., a September rate cut is all but locked in to prices, and in Europe a 25 basis-point cut is expected in October. Euro zone consumer confidence figures and U.S. existing home sales, both due on Tuesday, are unlikely to shift that outlook.
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Shares in the Cybersecurity Company Have Fallen 23% Over the Last Two Trading Sessions
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On Monday, Cathie Wood-led Ark Invest made significant trades involving CrowdStrike Holdings Inc (NASDAQ:CRWD) and Tesla Inc (NASDAQ:TSLA), despite the turbulent market conditions surrounding these companies. The CrowdStrike Trade The Ark Fintech Innovation ETF (NYSE:ARKF) and ARK Next Generation Internet ETF (NYSE:ARKW) funds bought a total of 20,219 shares of CrowdStrike, valued at approximately $5.34 million based on the closing price of $263.91 on the same day. This move comes despite CrowdS
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Assaf Rappaport, CEO and cofounder of the cybersecurity startup, told employees the company will remain independent and aim for $1 billion in annual recurring revenue and a public stock offering as its next big goals.
( 61
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The second-quarter earnings season is here, and on July 25, Big Tech giant Amazon (AMZN) is scheduled to report its financial results. As a long-term AMZN stock bull, I’m confident the company’s positive momentum will persist in Q2, driven by its shift to higher-margin services, advancements in AI, and Amazon Web Services (AWS), its crown jewel. In this article, I’ll focus on expectations for the June quarter, and I’ll answer the following questions: how strongly has Wall Street projected Amazon
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EV stocks have huge potential. Here is your best bet in the space right now.
( 62
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(Bloomberg) -- China’s richest man is at risk of losing the pole position he’s held for almost three years, with his wealth slipping the most among billionaires worldwide as intensifying competition and public relations challenges plague his bottled water giant.Most Read from BloombergHarris Has Enough Delegates to Clinch Nomination for PresidentTrump Risks Getting Tables Turned on Him With New 2024 AdversaryHarris Wins Soros Backing While Other Billionaire Donors Want an Open ContestA Brief His
( 62
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De rechtbank in Utrecht heeft dinsdag bepaald dat Blue Band zijn plantaardige boter geen Roombeter mag noemen. Het woord 'room' is alleen toegestaan voor zuivelproducten, oordeelt de rechter. Blue Band moet binnen drie maanden stoppen met de verkoop.
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De rechtbank in Utrecht heeft dinsdag bepaald dat Blue Band zijn plantaardige boter geen Roombeter mag noemen. Het woord 'room' is alleen toegestaan voor zuivelproducten, oordeelt de rechter. Blue Band moet binnen drie maanden stoppen met de verkoop.
( 1
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Fruittelers worstelen met het moeizame weer van de afgelopen maanden. Daardoor is de perenoogst dit jaar naar verwachting 9 procent kleiner dan vorig jaar. Wat betreft appels komen er meer elstars, maar minder kilo's jonagold van de bomen.
( 1
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Fruittelers worstelen met het moeizame weer van de afgelopen maanden. Daardoor is de perenoogst dit jaar naar verwachting 9 procent kleiner dan vorig jaar. Wat betreft appels komen er meer elstars, maar minder kilo's jonagold van de bomen.
( 1
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Vakbond CNV heeft dinsdag namens werknemers het faillissement aangevraagd van vloerenbedrijf Vloerloods, bekend van diverse klusprogramma's op tv. Het bedrijf kwam eind vorig jaar in grote problemen nadat mede-eigenaar Patrick K. zijn zakenpartner had doodgestoken.
( 1
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Barbie-fabrikant Mattel heeft vandaag een blinde pop gepresenteerd. De Barbie heeft een blindenstok en draagt een speciale bril. Het bedrijf hoopt dat kinderen hierdoor hun blindheid beter kunnen accepteren.
( 1
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Het aantal openstaande vacatures is de afgelopen tijd weer toegenomen. Momenteel zijn dat er 444.000. Vooral de horeca, zorg, bouw, kinderopvang en detailhandel zoeken mensen.
( 1
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De prijsverhogingen en reorganisatie die Spotify vorig jaar heeft doorgevoerd, hebben effect. Na bijna zeventien jaar bijna onafgebroken verlies gedraaid te hebben, boekte de muziekdienst afgelopen drie maanden voor het tweede kwartaal op rij winst.
( 1
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Het aanbod van huurwoningen slinkt flink en daarmee ook het aantal transacties in die markt. Sinds het hoogtepunt in het tweede kwartaal van 2021 is het aantal verhuurde woningen met de helft afgenomen.
( 1
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In het tweede kwartaal van dit jaar zijn veel meer woningen verkocht dan in dezelfde periode vorig jaar. Vooral jongeren kopen meer huizen.
( 1
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De grote computerstoring die afgelopen vrijdag over de hele wereld voor problemen zorgde, moet bedrijven en organisaties wakker schudden. Snel updaten is niet altijd de beste en veiligste optie. Zelfs een internetverbinding is niet altijd nodig.
( 1
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Het aantal dierenpensions is de afgelopen vijf jaar sterk gestegen. Maar dat betekent niet dat er altijd genoeg plek is om je hond of kat onder te brengen in de vakantietijd: het aantal huisdieren in Nederland groeit namelijk nóg harder.
( 1
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Het aantal dierenpensions is de afgelopen vijf jaar sterk gestegen. Maar dat betekent niet dat er altijd genoeg plek is om je hond of kat onder te brengen in de vakantietijd: het aantal huisdieren in Nederland groeit namelijk nóg harder.
( 1
min )
De Britse tak van het noodlijdende vloerenbedrijf Carpetright wordt overgenomen. Daarmee heeft het bedrijf een faillissement voorkomen. Tapi, een ander vloerbekledingsbedrijf, neemt het bedrijf over.
( 1
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Automobilisten zijn steeds meer geld kwijt aan het verzekeren van hun auto. In ruim een jaar tijd steeg de premie voor een autoverzekering met gemiddeld 9,3 procent, blijkt uit onderzoek van vergelijkingssite Geld.nl.
( 1
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Europese toezichthouders geven Facebook-moederbedrijf Meta een tik op de vingers. Het bedrijf misleidt consumenten met informatie over gratis en betaalde versies van Facebook en Instagram. Daarnaast zet het concern gebruikers onder druk om snel een keuze te maken.
( 1
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Nederland mag van de Europese Commissie veehouders die vrijwillig uit de buurt van gevoelige natuurgebieden willen vertrekken, financieel ondersteunen. De boeren mogen voor gezamenlijk 105 miljoen euro geholpen worden om elders een agrarisch bedrijf te beginnen.
( 1
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Het blauwtongvirus blijft zich snel verspreiden onder schapen en koeien in Nederland. In een week tijd zijn er vierhonderd locaties waar nieuwe besmettingen zijn geconstateerd. De besmettingen zijn vooral in het oosten en zuidoosten van het land.
( 1
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De Inspectie Leefomgeving en Transport (ILT) heeft 3.500 fatbikes van een Chinese fabrikant in beslag genomen. Volgens de inspectiedienst vormen de voertuigen een risico voor de verkeersveiligheid omdat ze mogelijk te hard gaan.
( 1
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Een "significant aantal" computers dat vrijdag door de wereldwijde storing werd getroffen, is inmiddels weer operationeel. Dat schrijft CrowdStrike in een update op X. Toch kan het nog weken duren voordat alle problemen zijn opgelost.
( 1
min )
Het van oorsprong Nederlandse Bugaboo, bekend van de kinderwagens, is nu grotendeels in handen gekomen van Mubadala Capital.
( 1
min )
De Fokker 70 die vanaf 1996 dienstdeed als regeringstoestel keert vandaag terug naar Nederland. Het toestel was aan het Australische Alliance Airlines verkocht en afgelopen mei door de Nederlandse Airline Support Group gekocht.
( 1
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Mbo-studenten die een stageplaats krijgen zonder te hoeven solliciteren, krijgen vooraf tóch te maken met stagediscriminatie, ondanks een nieuwe aanpak die dat zou moeten voorkomen. Maar stagebedrijven en scholen komen de afgesproken werkwijze niet altijd goed na, zeggen onderzoekers tegen NU.nl.
( 1
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Budgetvliegmaatschappij Ryanair heeft zijn winst afgelopen kwartaal zien halveren. Dat kwam onder meer doordat het Ierse bedrijf zijn tarieven flink moest verlagen in de voorbije maanden. Dat blijkt uit cijfers die het bedrijf maandag naar buiten bracht.
( 1
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Alle Nederlanders hebben vorig jaar samen in totaal 8,1 miljard kilo afval geproduceerd. Dat is 456 kilo per persoon, blijkt uit cijfers van statistiekbureau CBS.
( 1
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Prijzen voor koophuizen waren vorige maand 9,7 procent hoger dan een jaar eerder. Dat blijkt uit cijfers van statistiekbureau CBS en het Kadaster. Daaruit komt ook naar voren dat de prijzen het hardst stijgen in de provincie Utrecht.
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(Bloomberg) -- New York Community Bancorp, disposing of assets and freeing up cash after its rescue by investors, said it completed selling $5.9 billion of loans to JPMorgan Chase & Co. and plans to sell $200 million more in the near future — going further than previously announced.Most Read from BloombergTrump Risks Getting Tables Turned on Him With New 2024 AdversaryHarris Has Enough Delegates to Clinch Nomination for PresidentHarris Wins Soros Backing While Other Billionaire Donors Want an Op
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Chipotle reports earnings after the bell Wednesday, with analysts expecting the restaurant chain's financial performance to improve year-over-year.
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NXP Semiconductors forecast third-quarter revenue below market estimates on Monday, as it battles slowing demand from automotive customers and rising geopolitical risks, sending its shares down about 8% in extended trading. The company forecast revenue in the range of $3.15 billion to $3.35 billion, compared to analysts' average estimate of $3.36 billion, according to LSEG data.
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Tesla CEO Elon Musk had the world buzzing with excitement over the announcement of his new Robotaxi, but delay after delay caused Tesla's stock price to plummet. Let’s make one thing very clear: the world is ready for the Robotaxi, and they need it now. Here's what happened. Don't Miss: America's construction sites are desperate for Robots — here’s how to invest in a house-printing startup who’s making them and be a part of a $16 trillion industry. Amid the ongoing EV revolution, previously over
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On July 11, the June Consumer Price Index (CPI) came below street expectations at 0.1%. Over the past six trading days, large institutions have been selling large, big-winner tech stocks such as NVIDIA Corp (NASDAQ:NVDA) and Alphabet Inc Class A ...
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The COO of Air Products & Chemicals stepped down and the company set up a new management board. Shares were sharply off Monday after the news.
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Investing can sometimes require a significant amount of patience, but there are milestones along the way that can give an investor signs that they are moving in the right direction. One of these is doubling your money. This shows you are on your way ...
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Under the terms of the deal, AMC will issue $1.2 billion of new secured term loans due 2029 in consideration for an open market purchase of senior secured term loans due 2026. AMC and its units will also issue about $414 million of exchangeable notes for cash, with proceeds used to repurchase roughly $414 million of second-lien notes.
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Nvidia investors got some big news today, and the stock is also getting a boost thanks to bullish Wall Street analysts.
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In a recent episode of The Ramsey Show, financial expert Dave Ramsey tackled a retirement dispute that Jason from Hartford, Connecticut, brought up. Jason, 54, wanted to retire at 55, but his wife, 51, felt they were not financially prepared. With around $2.5 million saved, Jason believed they had enough to live comfortably, especially with a potential side gig, but sought Ramsey's advice to resolve their disagreement. Don't Miss: The average American couple has saved this much money for retirem
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Warren Buffett's Berkshire Hathaway reduced its stake in Bank of America by about $1.5 billion over a three-day period last week.
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A 31-year-old homeowner recently sparked debate on Reddit’s Bogleheads forum after paying off their mortgage in just six years, only to be called a “dumbass” by their CPA uncle. The young homeowner, who had a 3.375% interest rate on a 30-year mortgage, sought opinions on whether their decision was financially sound. Don't Miss: Are you rich? Here’s what Americans think you need to be considered wealthy. Can you guess how many retire with a $5,000,000 nest egg? – How does it compare to the averag
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There likely isn't a quick way to restore confidence.
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Investors liked what Cassava's new executive chairman had to say.
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The greenback pulled back a bit against the Yen in the early hours on Monday, but at this point in time, there should be no doubts as to what the trend is in this pair over the longer-term.
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These are the upcoming stock splits for the week of July 22 to July 26, based on TipRanks’ Stock Splits Calendar. A stock split is a corporate action in which, the company issues additional common shares to increase the number of outstanding shares of the company. Accordingly, the stock price of the company’s shares decreases, which maintains the market capitalization before and after the split. In contrast, there are also reverse stock splits that reduce the number of outstanding shares (consol
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In a 2006 interview with Charlie Rose, Warren Buffett, the Oracle of Omaha, shared some fascinating thoughts about General Motors (GM). This was three years before the company got into trouble and had to declare bankruptcy. During the interview, Rose mentioned Buffett had over $40 billion in cash, suggesting he could easily buy some big companies. However, Buffett explained that he hadn't seen any deals in the past year that excited him. “There's not one I'm envious of,” he said. Don't Miss: Are
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Whenever the billionaire founder of a company sells off some shares, eyebrows are raised. What could it mean? Is it a sign of trouble? SEC filings recently revealed that Jeff Bezos, the former CEO and current executive chair on the board of directors ...
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CrowdStrike Holdings, Inc (NASDAQ:CRWD) stock continued its downward price trajectory Monday as its cloud software update on Thursday triggered an outage that affected businesses worldwide. A failed update to CrowdStrike’s Falcon platform disrupted Microsoft Corp (NASDAQ:MSFT) systems, halting critical global services, including airports, ports, financial institutions, and hospitals. Microsoft said the outage affected less than 1% of Windows users globally, equating to 8.5 million machines. Also
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Despite softer inflation data, the Federal Reserve has indicated it is ready to wait longer before initiating rate cuts. With inflation still elevated and the political environment heating up, income investors looking for stability are turning to ...
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Crowdstrike, American Airlines downgraded: Wall Street's top analyst calls
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Eli Lilly is still a smart pick, but these two stocks could grow more in the near term.
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A prominent tech investor predicted that NVIDIA Corp. (NASDAQ:NVDA) could achieve a market capitalization of nearly $50 trillion within the next decade. What Happened: James Anderson, an early investor in companies like Tesla Inc (NASDAQ:TSLA) and Amazon.com Inc (NASDAQ:AMZN), expressed his bullish outlook on Nvidia’s future potential, reported the Financial Times on Sunday. He suggested that the chipmaker’s market cap could potentially surpass the combined value of the current S&P 500. Don't Mi
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Despite price volatility, the energy sector brings one big advantage to the table for investors: there is always a market for the products. Keeping that in mind, Wolfe Research has taken the measure of the US oil and gas industry, looking into the details of the energy stocks, and reinstated coverage of the North American gas companies. The firm is predicting high upsides here, and recommends investors pick up shares in gas stocks. Doug Leggate, laying out Wolfe’s reasons for recommending natura
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Google-parent Alphabet is expected to report a nearly 14% rise in quarterly revenue, its fourth straight quarter of double-digit growth, driven by steady demand for its artificial intelligence-powered cloud computing services and an uptick in the ad market. At a developer conference in May, Google widely rolled out AI-powered summaries in Search and beefed up its Gemini AI model to better compete with services from OpenAI and Microsoft. Google is also launching new Pixel devices with AI capabilities next month, moving forward its unveiling event, typically set in fall, after Apple announced in June a slew of AI capabilities and an integration with ChatGPT in the latest iPhones.
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CrowdStrike shares are falling in premarket trading, extending Friday's large declines, after an update to the cybersecurity firm's software caused an outage in Microsoft’s cloud services and disrupted businesses worldwide.
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Verizon Communications Inc (NYSE:VZ) stock traded lower on Monday after it reported fiscal second-quarter results. Its sales increased 0.6% year over year to $32.8 billion, marginally missing the analyst consensus estimate of $33.1 billion. Adjusted EPS of $1.15 was in line with the analyst consensus estimate. Also Read: Telecom Giant Verizon Eyes Tower Sell-Off To Monetize Asset Total wireless service revenue was $19.8 billion, up 3.5% year over year, driven primarily by growth in Consumer wire
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The widely followed growth stock investor was adding to some of her out-of-favor holdings on Friday.
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Chinese electric vehicle stocks, including NIO Inc (NYSE:NIO), Li Auto Inc (NASDAQ:LI), and XPeng Inc (NYSE:XPEV), are trading higher Monday. China, a key AI chip and electric vehicle market, faces several economic challenges, including weak growth in the second quarter and looming deflation. On Monday, the People’s Bank of China (PBOC) announced that it would cut the seven-day reverse repo rate to 1.7% from 1.8% and reduce the one-year loan prime rate (LPR) to 3.35% from 3.45%. Additionally, Ch
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I am selling my house and the price is $504,999. After paying off this house I will net $400,000. Do I have to pay a capital gains tax as I’m planning to pay off my retirement home with the money I netted? – Thomas The answer is solidly "it depends," both in terms of whether […] The post AAA: I’m Selling My House and Netting $400k to ‘Pay Off My Retirement Home.’ Do I Have to Pay Capital Gains Tax? appeared first on SmartReads by SmartAsset.
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Noted investor, venture capitalist, and television star Kevin O'Leary is never shy about giving his opinions. Although Barbara Corcoran is known as the real estate expert on "Shark Tank," O'Leary is also a very shrewd market watcher, and he hasn't ...
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Much of the money moved into IRAs misses out on market returns.
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These stocks have a lot of room left to increase in value as AI-related spending grows.
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Cloud computing will be a huge beneficiary of AI in the coming years.
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Find the latest Netflix, Inc. (NFLX) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
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I'm 55 and would like to retire now with a $3 million total net worth. I'm assuming my net worth will grow, on average, 5% until I’m eligible for Social Security. My house is paid off and my lifestyle is simple. I can live with $5,000 per month. Am I making the right decisions? – […] The post Ask an Advisor: I'm 55 With a $3 Million Net Worth and $5k in Monthly Expenses. Can I Retire Now? appeared first on SmartReads by SmartAsset.
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Half a million dollars might sound like a lot of money, but if you’re approaching retirement, is it enough? If you have $500,000 in a pre-tax IRA and expect $2,000 per month from Social Security, you may have enough money to retire at age 67. A half million dollars is a relatively modest nest egg, […] The post I Have $500k in an IRA and Will Receive $2,000 Monthly From Social Security. Can I Retire at 67? appeared first on SmartReads by SmartAsset.
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Find the latest Offerpad Solutions Inc. (OPAD) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
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Find the latest AZZ Inc. (AZZ) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
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Taiwan Semiconductor Manufacturing Co (NYSE:TSM) stock opened lower Monday premarket as U.S. President Joe Biden withdrew from the 2024 Presidential race. On Sunday, Biden, 81, revealed his decision through a letter on social media platform X after a lackluster debate performance and increasing pressure from fellow Democrats to step aside. The broader artificial intelligence chip sector led by Taiwan Semiconductor, Nvidia Corp (NASDAQ:NVDA), and Advanced Micro Devices, Inc (NASDAQ:AMD) noted a s
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The telecom firm said it added 148,000 net monthly bill-paying wireless phone subscribers from April to June, beating analysts' estimates of 127,870 additions, according to Visible Alpha. Launched in May last year, Verizon's myPlan allows customers to pay for only what they need and has helped the company compete better with AT&T and T-Mobile US in the tightly controlled U.S. telecom market. Verizon also partnered with streaming services to offer promotional bundles from platforms such as Netflix, Warner Bros Discovery's Max and Disney's services.
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Occidental has projected the value of the transaction at around $3.6bn, with customary adjustments to the purchase price expected.
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These companies have lucrative positions in AI and could make more millionaires in the coming years.
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China has made a surprising move to stimulate its economy by lowering key interest rates. The decision comes as the country faces several economic challenges, including weak growth in the second quarter, looming deflation, and a prolonged property crisis. Chinese stocks, including Alibaba Group Holding Limited (NYSE:BABA), PDD Holdings Inc (NASDAQ:PDD), JD.Com, Inc (NASDAQ:JD), Baidu, Inc (NASDAQ:BIDU), Bilibili Inc (NASDAQ:BILI) are trading higher Monday. Also Read: Alibaba and Peers Face Chall
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Trump's likely policies in a potential second term could provide catalysts for these stocks.
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Most dividend growth investors know how attractive NextEra Energy is, but have you ever heard of WEC Energy? If not, you'll want to.
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The estimated $31.3 billion Buffett has put to work in Apple is dwarfed by the amount of money he's spent regularly purchasing shares of this top-performing company.
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Amazon is one AI stock that both Cathie Wood and Warren Buffett each own.
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Move over, Nvidia: Two other stock-split stocks have a clear path to sizable gains.
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Biden announced he was exiting the race on Sunday, and endorsed Vice President Kamala Harris for the Democratic ticket. Megacap stocks were up premarket, with Meta Platforms, Alphabet and Apple up between 0.5% and 0.8%, boosting the Nasdaq and S&P 500 futures. At 4:17 a.m. ET, Dow e-minis were up 54 points, or 0.13%, S&P 500 e-minis were up 18 points, or 0.32%, and Nasdaq 100 e-minis were up 102.5 points, or 0.52%.
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If Intel delivers on its 2030 guidance, the stock is quite cheap. But it's a big "if."
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Super Micro Computer could still have a lot of upside potential.
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Business development companies can be great sources of passive income.
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The new chief of Boeing’s crisis-hit airline business has admitted that a complete turnaround may take years.
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AT&T disclosed this month that the call and text records of 109 million cellular customers had been unlawfully downloaded from a third-party provider’s Snowflake’s cloud. The company allegedly paid hackers $370,000 to delete the records.
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Traders are increasingly optimistic on Dogecoin (DOGE) as its price reached a monthly high on July 20.
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(Bloomberg) -- Hedging is back as investors fret over concerns about everything from the US presidential election to second-quarter earnings, economic growth and interest rates.Most Read from BloombergBiden Exits Race, Endorses Harris as She Shores Up SupportBiden’s Exit Puts Trump Trade in Doubt as Election Gets Re-SetBiden Is Out: What’s Next for Democrats, ExplainedTrump’s Remarks Spark Rebuke From Mexico’s President-ElectJoe Biden Bows to Democrats Who Wanted Him Out, Upending US PoliticsThe
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Asian stocks were mostly lower Monday after President Joe Biden exited the 2024 race. Biden announced his withdrawal from the 2024 presidential race on Sunday and endorsed Vice President Kamala Harris to take on former President Donald Trump, adding to uncertainties over the future of the world's largest economy. The Hang Seng in Hong Kong added 0.8% to 17,548.33 and the Shanghai Composite index dropped 0.7% to 2,961.41 after China's central bank unexpectedly lowered its one-year benchmark loan prime rate, or LPR, which is the standard reference for most business loans, to 3.35% from 3.45%.
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The day began with the, not unexpected, news of President Joe Biden dropping out of the race and the market reaction so far has been measured. Wall Street futures are a shade firmer, bond yields down a tick and the dollar little changed overall. Biden backed his VP Kamala Harris for the job, putting her in pole position for the nomination which is officially scheduled for the Democratic convention on Aug. 19-22.
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(Bloomberg) -- Asian technology stocks were on track for their worst selloff since the early days of the pandemic after Morgan Stanley strategists recommended investors book profits from the artificial intelligence boom.Most Read from BloombergBiden Exits Race, Endorses Harris as She Shores Up SupportBiden Is Out: What’s Next for Democrats, ExplainedBiden’s Exit Puts Trump Trade in Doubt as Election Gets Re-SetTrump’s Remarks Spark Rebuke From Mexico’s President-ElectWho Gets the $96 Million Sit
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Shares of the AI Darling Slumped Nearly 9% Last Week
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(Bloomberg) -- Gold edged higher as markets weighed President Joe Biden’s decision to end his reelection bid, which sparked fresh questions over whether the move will help or hinder Donald Trump’s chances of returning to the White House.Most Read from BloombergBiden Exits Race, Endorses Harris After Weeks of PressureBiden Is Out: What’s Next for Democrats, ExplainedBiden Exit Leaves Markets Asking What’s Next for Trump TradeTrump’s Remarks Spark Rebuke From Mexico’s President-ElectTurkish Diners
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(Bloomberg) -- The dollar slipped in early Asian trading after Joe Biden ended his reelection campaign and endorsed Vice President Kamala Harris. The region’s stocks are set for a mixed start. Most Read from BloombergBiden Exits Race, Endorses Harris After Weeks of PressureBiden Is Out: What’s Next for Democrats, ExplainedBiden Exit Leaves Markets Asking What’s Next for Trump TradeTrump’s Remarks Spark Rebuke From Mexico’s President-ElectTurkish Diners Fleeing 90% Restaurant Inflation Flock to G
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GE Vernova reports earnings as an independent company for the second time Wednesday, with analysts expecting the company to report its first quarterly profit.
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Chipotle reports earnings after the bell Wednesday, with analysts expecting the restaurant chain's financial performance to improve year-over-year.
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Mattel shares soared Monday following a report it received an acquisition offer from LVMH-backed private equity firm L Catterton.
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The Data Will Factor Into the Fed's Decision on When to Cut Interest Rates
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The S&P 500 gained almost 1.1% on Monday, July 22, as tech firms bounced back from last week’s losses and investors digested political developments and corporate earnings.
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Tesla shares gained Monday ahead of the electric vehicle maker's earnings report Tuesday, as CEO Elon Musk said the company will have humanoid robots in production for internal use in 2025.
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The COO of Air Products & Chemicals stepped down and the company set up a new management board. Shares were sharply off Monday after the news.
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A Deutsche Bank review of Federal Reserve meeting records and public comments shows that Chair Jerome Powell appears to align more closely with the 'doves' at the central bank who advocate for rate cuts.
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The fast-food chain will extend its $5 value meal promotion longer than anticipated because of solid demand, according to reports.
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XPeng on Monday said it would co-develop electrical/electronic architecture with Volkswagen for the latter's vehicles produced in China.
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Investors still love Nvidia — but Broadcom is catching up in terms of bullish sentiment, according to Citi analysts.
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The decision by President Joe Biden drop his re-election bid and throw his support behind Vice President Kamala Harris added a new, if not completely unexpected, wrinkle to the outlook for financial markets.
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IQVIA Holdings beat second-quarter earnings expectations and the life sciences clinical research company raised its full-year outlook on Monday, sending shares higher.
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Flows into spot bitcoin ETFs and President Biden's decision to drop out of the 2024 Presidential race briefly pushed bitcoin above $68,000.
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Shares of Reddit jumped Monday, outpacing other social media companies' rising stock prices to start the week.
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Korean Air will be purchasing up to 50 wide-body planes from Boeing, which has come under increased scrutiny this year for its quality control procedures.
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The S&P 500 and Nasdaq were higher at midday Monday, rebounding from last week's tech selloff with key tech earnings due later in the week.
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Truist Financial on Monday posted second-quarter profit that fell by a third from last year, but its stock rose as adjusted earnings per share topped analysts' estimates.
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Warren Buffett's Berkshire Hathaway reduced its stake in Bank of America by about $1.5 billion over a three-day period last week.
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Nvidia shares surged Monday as chip stocks rebounded from losses during last week's sell-off, boosting gains for the S&P 500 and Nasdaq.
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Vista Outdoor said it received an increased offer for its ammunition unit, The Kinetic Group, from Prague-based Czechoslovak Group.
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Terex shares jumped Monday after the industrial manufacturer announced the purchase of Dover Corp.'s Environmental Solutions Group for $2 billion in cash.
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Nvidia shares surged in early trading Monday as chip stocks rebounded, with the artificial intelligence chipmaker reportedly making a version of its upcoming Blackwell chip for the China market compliant with U.S. export controls.
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Ireland-based airline Ryanair Holdings reported a big drop in first-quarter profit and projected significantly lower summer airfares Monday, helping send its U.S.-listed shares sharply lower.
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More individual investors use exchange-traded funds now than two years ago, according to new research, though they remain more popular with institutions.
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Verizon shares fell Monday after the telecommunications giant reported second-quarter results that missed analysts' expectations.
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CrowdStrike shares are falling in premarket trading, extending Friday's large declines, after an update to the cybersecurity firm's software caused an outage in Microsoft’s cloud services and disrupted businesses worldwide.
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The air travel industry is still feeling the impacts of Friday's global tech outage, with some airlines like Delta canceling and delaying more flights into Monday morning.
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News of the day for July 22, 2024
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Shares Jumped Nearly 7% on Friday
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Shares of the AI Darling Slumped Nearly 9% Last Week
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The generative artificial intelligence (AI) wave has boosted the prospects for various categories of companies within the tech sector, including semiconductor makers, cloud computing providers, and cybersecurity players. In particular, cloud computing companies are witnessing solid demand for their services that are required to support enterprises and developers in building their generative AI models. Bearing this favorable backdrop in mind, we used TipRanks’ Stock Comparison Tool to place Amazo
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U.S. Vice President Kamala Harris is potentially poised to become the Democratic presidential nominee in the November election. Here are her views and actions related to some key business topics. As California attorney general, Harris sued eBay in 2012, alleging anticompetitive hiring practices surrounding a no-poaching agreement with Intuit that led to a nearly $4 million settlement in 2014.
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Apple stock is Warren Buffett's largest position.
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Shares of Nvidia are up 145% so far in 2024.
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The Internal Revenue Service and Treasury Department have released final regulations updating required minimum distribution (RMD) rules for beneficiaries under the 10-year rule. These regulations, stemming from the SECURE and SECURE 2.0 Acts, confirm that most IRA beneficiaries must take distributions annually over the 10-year period following the account holder’s death, according to thinkadvisor. Key points from the final regulations include: Non-eligible designated beneficiaries subject to the
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(Bloomberg) -- Investors are set to start the week scrambling to decide if President Joe Biden’s decision to end his reelection campaign and endorse Vice President Kamala Harris increases or decreases Donald Trump’s chances of regaining power. Most Read from BloombergBiden Drops Out of 2024 Election, Endorses Kamala HarrisTrump’s Remarks Spark Rebuke From Mexico’s President-ElectBiden Plots to Salvage Campaign Many Allies Believe Is OverZuckerberg Calls Trump’s Response to Shooting ‘Badass’Turki
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U.S. President Joe Biden ended his reelection campaign on Sunday after fellow Democrats lost faith in his mental acuity and ability to beat Donald Trump, leaving the presidential race in uncharted territory. If Biden stayed in, the odds would have increasingly tilted not only in favor of Trump winning, but of there being a Republican sweep.
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Vista was set to approve the sale of its ammunition company to CSG after the Committee on Foreign Investment approved the deal on June 25. Now the support for the sale is up in the air.
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According to The Federal Reserve, the median retirement account savings for households between ages 55 and 64 is roughly $185,000. While this is a considerable amount of money, it's probably not enough to secure a comfortable retirement for most people. A standard household making the median income will likely want between $415,000 and $825,000 in assets […] The post How Much Money Most People Have Saved by Age 60 appeared first on SmartReads by SmartAsset.
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Spousal benefits are pretty common, but it takes more than simply saying "I do" to qualify for them.
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During an episode of the popular Dave Ramsey show, host and personal finance expert Dave Ramsey preaches on not investing in banks or savings accounts. Here's why he does not recommend this. Ramsey, who is often known for his blunt but truthful advice, has warned his audience against investing their hard-earned money into banks and savings accounts because, according to him, you're lending the bank your money. Don't Miss: Warren Buffett flipped his neighbor's $67,000 life savings into a $50 mill
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Businesses from airlines to hospitals have been grappling with a faulty software update that caused technological havoc worldwide on Friday, and its repercussions continued through the weekend. Major customers of Microsoft and CrowdStrike are getting IT support to resolve the issues, but many smaller businesses whose Windows PCs may have received the problematic update are still struggling. Take Tsvetta Kaleynska, owner and founder of the Manhattan-based consumer insights company RILA Global Consulting, which has Fortune 500 clients.
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Legally, it's never too late to make a Roth conversion. The IRS will let you move qualifying funds at any time as long as you can pay the resulting tax bill. For those in or near retirement, the bigger question is whether it's a wise call to make a Roth conversion. On the one hand, […] The post I'm 66, Taking Social Security, and Have $745,000 in a 401(k). Is It Too Late to Convert to a Roth IRA? appeared first on SmartReads by SmartAsset.
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Dividend Aristocrats, S&P 500 companies prized for their ability to increase annual dividend payouts for at least 25 consecutive years, have long been a safe haven for income-seeking investors. These companies are celebrated for their reliable and ...
( 63
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The company is allocating resources wisely, he believes.
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Discover 10 dividend growth powerhouses that could turbocharge your portfolio's long-term performance.
( 62
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A rate cut could set the stage for a rally in small and mid-cap stocks later this year.
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Boeing has seen significant improvement in production in its 737 MAX factory, the company's commercial airplanes president, Stephanie Pope, told media on Sunday as part of a panel in London. The panel marks the first time Pope has met with reporters since she was named head of the planemaker's commercial airplanes division earlier this year.
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These tech stocks can help you build a happy retirement.
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For investors hoping Ford's decisions can reduce EV losses and improve profits elsewhere, there's good news.
( 62
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The company has suffered from a recent sell-off, but maintains massive long-term potential.
( 62
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Investors are focused on this important price target.
( 61
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It's been rough going for shares of the restaurant software specialist, but the stock is now on the upswing.
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There’s no denying we’re in a bull market. Over the past 18 months, with only a few blips, the markets have been trending upwards – and usually at a fast clip. Such rallies inevitably raise a few questions, particularly: how long will it last? A recent note from J.P. Morgan explains why current conditions may indicate that we may not be anywhere near the end of this rally. Writing for the investment bank, global investment strategist Sarah Stillpass notes, “If this bull market merely matches the
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(Bloomberg) -- Corners of the stock market outside of Big Tech are barreling higher as traders grow more confident about interest-rate cuts in the near future — fueling hopes that another leg of the bull run could be in the offing.Most Read from BloombergZuckerberg Calls Trump’s Response to Shooting ‘Badass’Biden Plots to Salvage Campaign Many Allies Believe Is OverTurkish Diners Fleeing 90% Restaurant Inflation Flock to GreeceCrowdStrike’s Global Outage Doesn’t Have to Be a Recurring NightmareH
( 62
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This cloud computing company could witness an improvement in growth thanks to the rising adoption of AI.
( 62
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Phillips 66 continues to raise its dividend at a breakneck rate.
( 62
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Do you like dividends? How about dividends that grow at a rate of as much as 13% a year?
( 62
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These stocks appear poised to produce strong total returns in the coming months.
( 63
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Stock-split fever has gripped the market.
( 63
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Microsoft's business is booming, but the stock has gotten ahead of itself.
( 61
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These ETFs have lower price-to-earnings ratios and higher yields than the S&P 500.
( 63
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AGNC currently yields almost 14%, but income investors should consider the following before piling into the stock.
( 62
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Roku is on the right track. It just needs more time to reach its eventual destination.
( 62
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Is this a buying opportunity for the stock of this hydrogen fuel cell producer?
( 62
min )
CrowdStrike just became a household name in the worst possible way.
( 62
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There are plenty of ways to invest in the transition toward renewable energy.
( 63
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These two tech companies could become the giants of the future.
( 62
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This semiconductor testing equipment maker has a lot of upside potential.
( 62
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It's important to focus on the long term.
( 62
min )
The Baker brothers are billionaires with a successful track record in the biopharmaceutical industry.
( 62
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This fund has a basket of growth, income, and value stocks.
( 63
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Chinese cybersecurity companies are taking advantage of the massive Microsoft Windows outage that upended businesses and grounded flights around the world on Thursday and Friday by promoting their own software, as Beijing pushes to cut the country's reliance on foreign suppliers. Austin, Texas-based cybersecurity company CrowdStrike caused the outage, one of the largest in history, by pushing a bad software update that crashed the Windows operating system. It affected airports, banks, and hospit
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Rivian was one of the few to buck the recent trend of high incentives and come out a winner.
( 62
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Here are three options that can outperform the popular ETF.
( 62
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It's important to take a long-term view.
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Neither of these predictive indicators has ever been wrong when back-tested for more than 150 years!
( 65
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Artificial intelligence stocks have stolen the spotlight in recent months, but Bitcoin could be one of Wall Street's next obsessions.
( 63
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The company was late to the AI party but appears to be catching up.
( 62
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“I do need the additional monthly income and it would be good to have with my pension and Social Security.”
( 63
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By 2025, certain Wall Street analysts think Broadcom and Berkshire Hathaway will join the elite group of companies worth at least $1 trillion.
( 63
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These companies are in better shape than the market is giving them credit for.
( 63
min )
Investors should view Intel stock as a hedge, and possibly a value stock.
( 62
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This is a rare case where average-net worth individuals can make a better investing decision than the billionaires.
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President Joe Biden dropped out of the 2024 presidential race Sunday, endorsing Vice President Kamala Harris, after weeks of speculation.
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Official data shows that inflation has declined over the past year, but nearly two out of every three respondents to a recent survey believe it has risen. What explains the disconnect?
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Coming up: PCE inflation, second-quarter GDP, and earnings from Tesla, Google, Visa
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The Fed Will be Closely Watching the Data as It Weighs When to Start Cutting Interest Rates
( 22
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Coming up: PCE inflation, second-quarter GDP, and earnings from Tesla, Google, Visa
( 25
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Bij verlies van telefoon, camera of dure kleding op reis vestigen vakantiegangers hun hoop op de reisverzekering. Maar na een claim kan de vergoeding tegenvallen omdat je soms maar een fractie van het aanschafbedrag terugkrijgt. En als je onvoorzichtig was, kun je sowieso fluiten naar een vergoeding.
( 1
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Snelle actie van de Europese Centrale Bank (ECB) rond de rentetarieven is niet nodig. Dat zegt ECB-bestuurder en Ierse centralebankpresident Gabriel Makhlouf zondag in een interview met de krant Irish Examiner.
( 1
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Denemarken wordt waarschijnlijk het eerste land ter wereld dat de uitstoot van broeikasgassen in de landbouw gaat belasten. De introductie van deze 'koeientaks' past in de geschiedenis van het land als klimaatpionier.
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KLM heeft al haar passagiers die door de wereldwijde computerstoring hun vlucht geannuleerd zagen worden een omboekingsvoorstel gedaan voor de komende dagen. Dat laat een woordvoerder van KLM weten aan persbureau ANP.
( 1
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Studenten zijn het komende studiejaar iets meer geld kwijt. De tijdelijke inflatieverhoging van de basisbeurs vervalt, waardoor die omlaaggaat. Tegelijkertijd gaat het collegegeld iets omhoog.
( 1
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Mensen maken steeds vaker melding van afpersing met naaktbeelden, meldt expertisecentrum online misbruik Offlimits. Een zorgelijke ontwikkeling is dat oplichters ook beelden gebruiken die met kunstmatige intelligentie zijn gemaakt. Daardoor kan iedereen het slachtoffer van sextortion worden.
( 1
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Mensen maken steeds vaker melding van afpersing met naaktbeelden, meldt expertisecentrum online misbruik Offlimits. Een zorgelijke ontwikkeling is dat oplichters ook beelden gebruiken die met kunstmatige intelligentie zijn gemaakt. Daardoor kan iedereen het slachtoffer van sextortion worden.
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With a historically high yield, Enbridge's business model is rock solid and you can still win even if the stock doesn't rise much.
( 62
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The Vietnamese EV maker's stock has dropped more than 90% from its all-time high.
( 62
min )
Why Celsius and Lululemon could be poised to rebound later this year.
( 62
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Can this semiconductor equipment giant come out of its latest slump and become a winner over the next five years?
( 62
min )
The blazing rally in shares of this megabank can keep going.
( 62
min )
Many EV companies face an uphill climb. Rivian is shifting into four-wheel-drive as it tries to make the ascent.
( 62
min )
Why the stock could be poised to climb higher.
( 61
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The federal government will have less capacity to respond, and the economy could enter a recession by the end of this year, Mark Spitznagel predicted.
( 61
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Waiting for a pullback on this high-flying stock could end up costing you.
( 62
min )
I own two banks and wouldn't mind buying a third, but this one won't be it. Here's why I'm avoiding New York Community Bancorp.
( 62
min )
Looking for high yields? This trio of reliable dividend payers has you covered with yields as high as 7.4%!
( 62
min )
(Bloomberg) -- The credit world’s version of the “Trump trade” is beginning to take shape: Buy American high-yield bonds and steer clear of anything inflation-sensitive.Most Read from BloombergZuckerberg Calls Trump’s Response to Shooting ‘Badass’From ATMs to Flights, Epic IT Crash Leaves Trail of ChaosCrowdStrike’s Global Outage Doesn’t Have to Be a Recurring NightmareHow Routine CrowdStrike Update Crashed the World’s ComputersTravel Chaos Mounts as Airlines Resume Flights After OutageCorporate
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The U.S. equities have remained highly volatile this election season, as the battle between two of the most influential people in America has caused investors to sit at the edge of their seats. According to CNN, the CBOE Volatility Index has surged by ...
( 62
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If you’re investing successfully, then it might be nice to see the total value of those investments growing over time, but are you aware that significant growth can put you in a higher tax bracket? This is one way that many people end up owing a lot more tax than they anticipate. Long-term capital gains […] The post Can My Capital Gains Push Me Into a Higher Tax Bracket? appeared first on SmartReads by SmartAsset.
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It's already climbing this year, but the real potential is long-term.
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I’m 77 years old and I requested my 401(k) fund administrator to prepare my RMD. I was told I do not have to withdraw my money if I am still employed. Please confirm if this in fact an IRS rule or that of the fund management company? -Bea That is correct, Bea. If you are […] The post Ask an Advisor: I’m 77 and Still Working. Is it True That I Don’t Have to Take RMDs? appeared first on SmartReads by SmartAsset.
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Discover why Micron Technology's stock might still be a great buy despite its recent price swings.
( 63
min )
Although Chipotle and Cava share a similar food-making approach, the restaurant chains are in very different places developmentally.
( 62
min )
The pharma's latest push to develop a weight loss pill isn't going well.
( 62
min )
In 2019, just two battery factories were operating in the United States with another two under construction. Today there are about 34 battery factories either planned, under construction or operational in the country. U.S. President Joe Biden’s Inflation Reduction Act, signed into law August 16, 2022, might not have been the initial catalyst behind the onshoring battery factory trend.
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At least one of the pair has a credible shot at finding a home in the market.
( 62
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These technology stocks are on track to benefit from huge addressable markets.
( 63
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Get paid to own shares of these powerhouse companies.
( 63
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It's beating the market this year, and the long-term outlook is even stronger.
( 62
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The history of two legacy tech stocks could hold the key to understanding Nvidia's future.
( 62
min )
Housing prices have hit an all-time high, and both Biden and Trump say they plan to address the issue.
( 62
min )
The American Express Platinum card offers perks such as airport-lounge access and hundreds of dollars in travel credits. But some finance influencers have called it “overhyped.”
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This tech giant is already an AI powerhouse, quietly expanding its expertise while the stock trades at investor-friendly prices.
( 62
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Both companies are exposed to the AI boom, but in quite different ways.
( 62
min )
The IRS issued final regulations for inherited retirement accounts that are set to begin in 2025.
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The monthly dividend REIT has lagged the market and by a significant margin.
( 62
min )
Tech has offered investors some of the biggest returns over the last few decades—and especially the last few years—but over the long run, investors have seen massive gains from all over the market.
( 62
min )
Palantir has a massive growth runway due to its small customer base, but is it big enough?
( 61
min )
Looking for juicy dividends? This exchange-traded fund could be just the ticket.
( 61
min )
After landing her first job thanks to the Yellow Pages, Kinjil Mathur has climbed the ranks of Conde Nast, Saks Fifth Avenue and Squarespace to the C-suite.
( 62
min )
The chipmaker acquired an artificial intelligence lab in Europe for $665 million.
( 61
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They're small now, but these stocks could grow much larger.
( 62
min )
The warehouse retailer's stock doesn't offer much value, so it could be worth considering Amazon instead.
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min )
The richest investors are backing away from Nvidia, Supermicro, and Meta Platforms.
( 62
min )
Snowflake, Datadog, and Upstart should bounce back as interest rates decline.
( 62
min )
The Oracle of Omaha is being patient with these names for reasons that aren't blatantly obvious at the moment.
( 63
min )
Buying these AI stocks as a part of a diversified portfolio could turn out to be a profitable move in the long run.
( 63
min )
Chevron is a diversified energy company that's capable of rewarding investors regardless of the industry's ups and downs.
( 62
min )
The swoosh has faded in the final stretch, but these other brands are sprinting toward the finish line.
( 62
min )
Southern Company is a proven winner with an attractive dividend.
( 62
min )
Nvidia's gross margin guidance points to pricing pressures that may signal an end to the irrational exuberance surrounding artificial intelligence (AI) stocks.
( 64
min )
The market is underestimating these artificial intelligence stocks.
( 62
min )
The stock has taken one specific direction after the past three fee hikes.
( 62
min )
It's been a disappointing year for this premium apparel stock.
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NextEra Energy had a great first half and has a rapidly growing dividend. But WEC Energy is offering a better mix of yield and growth today.
( 62
min )
Rapid growth in artificial intelligence revenue puts investors in front of a once-in-a-lifetime opportunity.
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ASML, Broadcom, and Micron could head even higher over the next few years.
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min )
Zo'n 8,5 miljoen Windows-apparaten zijn vrijdag getroffen door de storing bij CrowdStrike. Dat meldt Microsoft zaterdag in een blogpost. De wereldwijde storing zorgde voor grote problemen op onder meer vliegvelden en in winkels.
( 1
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Zo'n 8,5 miljoen Windows-apparaten zijn vrijdag getroffen door de storing bij CrowdStrike. Dat meldt Microsoft zaterdag in een blogpost. De wereldwijde storing zorgde voor grote problemen op onder meer vliegvelden en in winkels.
( 1
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De bekende activistische investeerder Elliott Investment Management heeft een "aanzienlijk" belang genomen in de koffieketen Starbucks. Dat melden The Wall Street Journal en Financial Times zaterdag op basis van ingewijden.
( 1
min )
De bekende activistische investeerder Elliott Investment Management heeft een "aanzienlijk" belang genomen in koffieketen Starbucks. Dat meldden The Wall Street Journal en Financial Times zaterdag op basis van ingewijden.
( 1
min )
De wereldwijde vloot commerciële vliegtuigen zal in 2043 bijna zijn verdubbeld door de sterke groei van de luchtvaart. Volgens vliegtuigbouwer Boeing hebben maatschappijen dan in totaal 50.170 toestellen in gebruik. Afgelopen jaar waren dat er nog 26.750.
( 1
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De wereldwijde vloot van commerciële vliegtuigen zal in 2043 bijna zijn verdubbeld door de sterke groei van de luchtvaart. Volgens vliegtuigbouwer Boeing hebben maatschappijen dan in totaal 50.170 toestellen in gebruik. Afgelopen jaar waren dat er nog 26.750.
( 1
min )
"Het is zo, zo, zo, bijna zomer", klinkt in het irritant aanstekelijke refrein van het nummer Zo Zomer. Maar wie is toch zanger John de Koning? Bestaat hij eigenlijk wel?
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min )
"Het is zo, zo, zo, bijna zomer", klinkt in het irritant aanstekelijke refrein van het nummer Zo Zomer. Maar wie is toch zanger John de Koning? Bestaat hij eigenlijk wel?
( 1
min )
Alle Nederlandse pinpassen worden vervangen. Sommige banken doen dat in één keer, andere banken nemen er jaren de tijd voor. Maar de passen van V PAY en Maestro die we sinds jaar en dag op zak hebben, verdwijnen hoe dan ook.
( 1
min )
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Tech has offered investors some of the biggest returns over the last few decades—and especially the last few years—but over the long run, investors have seen massive gains from all over the market.
( 21
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U.S. cybersecurity firm Crowdstrike Holdings Inc. (NASDAQ:CRWD) is attempting to recover sharp premarket losses felt overnight and in the early hours on Friday as an update on its cloud software triggered a global tech outage. What Happened: A failed update of CrowdStrike's Falcon platform on Thursday night led to widespread disruptions in Microsoft systems, pushing critical global services such as airports, ports, financial institutions and hospitals to a standstill. The issue stemmed from a te
( 62
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UBS initially had a year-end price target of 4,850. The bank raised it to 5,150 in January, to 5,400 in February, and to 5,600 in May.
( 61
min )
Mark Spitznagel told The Wall Street Journal the government's $34 trillion debt would make the stock-market bubble's impact more extreme.
( 60
min )
(Bloomberg) -- Stocks fell at the end of a wild week, with results from technology giants set to arrive at a critical moment on Wall Street.Most Read from BloombergZuckerberg Calls Trump’s Response to Shooting ‘Badass’From ATMs to Flights, Epic IT Crash Leaves Trail of ChaosCrowdStrike’s Global Outage Doesn’t Have to Be a Recurring NightmareTravel Chaos Mounts as Airlines Resume Flights After OutageCanada’s Immigration Minister Has a Message for Foreign Students: You Can’t All StayMost groups in
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It seems the company's ownership structure is about to undergo a small but impactful change.
( 60
min )
Nvidia (NVDA), the leading AI chipmaker in the world, has seen its market value surge 2,742% in the last five years. On the back of these stellar gains, Wall Street analysts are divided on the prospects for Nvidia stock today. While some analysts argue that Nvidia’s valuation is expensive, others make the case that the company still has a long runway to grow, which justifies its premium valuation. I am neutral on the outlook for Nvidia stock, as I believe the current valuation reflects the econo
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Warner Bros. Discovery is considering plans to separate its movie studio and Max streaming service from its legacy TV networks, according to a Financial Times report.
( 60
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Earnings have fallen due to more headwinds with its banking franchise.
( 61
min )
Plug Power is a lot better at selling stock than selling fuel cells.
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min )
When choosing between two REITs, many investors might opt for whichever one is paying a higher dividend. While this philosophy is understandable, sometimes the REIT with the lower dividend is still worth considering. Looking closer at Medical ...
( 62
min )
Find the latest CrowdStrike Holdings, Inc. (CRWD) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 46
min )
Shares of Serve Robotics surged Friday after Nvidia reported a 10% stake in the delivery-technology company.
( 60
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(Bloomberg) -- All big tech companies are trying to convince Wall Street that they’ll be a major player in artificial intelligence. Few have done as good a job as Apple Inc.Most Read from BloombergZuckerberg Calls Trump’s Response to Shooting ‘Badass’From ATMs to Flights, Epic IT Crash Leaves Trail of ChaosCrowdStrike’s Global Outage Doesn’t Have to Be a Recurring NightmareTravel Chaos Mounts as Airlines Resume Flights After OutageBiden Vows Return to Campaign Trail Despite Calls to QuitThere’s
( 62
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The US dollar has fallen recently against the yen, but at this point in time it look like the market is trying to recover in the longer-term. The interest rate differential continues to be a major driver of this market.
( 60
min )
A recent episode of "The Ramsey Show" featured 53-year-old Lisa from Waco, TX, seeking retirement advice for herself and her 59-year-old husband. Together, they have a household income of $7,700, but their nest egg isn't quite where it should be, with her husband just a few years away from his desired retirement age. Don't Miss: Are you richer than most people you know? Here’s the net worth you need at every age to be above average. Can you guess how many Americans successfully retire with $1,00
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Investors might be evaluating the negative impact of today's incident for a long time.
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Remember the “slacker” generation? Well, they’re not slacking anymore. Gen X, born between 1965 and 1979, born between 1965 and 1979, are now the most stressed-out bunch in our society. And honestly, can you blame them? They are caught in a perfect storm of pressures that would make anyone’s hair grey. Don't Miss: The average American couple has saved this much money for retirement — How do you compare? Can you guess how many retire with a $5,000,000 nest egg? – How does it compare to the averag
( 62
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Here's what you need to know about CrowdStrike, the cybersecurity company behind the outage that affected businesses around the world Friday.
( 60
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Imagine that you’re 60 years old with $800,000 in retirement savings and $4,000 in monthly living expenses. However, you want to wait until age 65 to claim Social Security, so you need to find a way to generate additional income for five more years. Whether you plan to delay Social Security or not, a financial […] The post How Do I Cover $4,000 in Monthly Living Expenses? I’m 60 With $800k in Retirement Savings, But I Won’t Collect Social Security for 5 Years appeared first on SmartReads by Smar
( 64
min )
Hawaiian Electric and others have reached a tentative deal to pay more than $4 billion to settle lawsuits related to wildfires that ravaged Maui in 2023, according to a Bloomberg report.
( 60
min )
(Bloomberg) -- SunPower Corp. shares plunged 42% on Friday as Guggenheim Securities cut the solar equipment firm’s price target to zero and said the stock may soon be delisted.Most Read from BloombergUnprecedented IT Outage Cripples Businesses Around the GlobeAirlines Start Digging Themselves Out of Epic Flight DisruptionsZuckerberg Calls Trump’s Response to Shooting ‘Badass’Canada’s Immigration Minister Has a Message for Foreign Students: You Can’t All StayBrookfield Lines Up a 36-Year-Old Risi
( 60
min )
Kevin O’Leary, the well-known investor and “Shark Tank” star, recently spoke about the growing challenges of home affordability and rising costs during an appearance on “Maria Bartiromo’s Wall Street.” O’Leary didn’t hold back in sharing his thoughts on why he moved from Massachusetts to Florida and what he sees as major financial hurdles facing Americans today. Don't Miss: Rory McIlroy’s mansion in Florida is worth $22 million today, doubling from 2017 — here’s how to get started investing in r
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min )
The oil giant is a dividend-paying machine.
( 61
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The entire point of investing is to grow your money as much as possible in the shortest time. That explains why real estate investment trusts (REITs) that pay monthly dividends have traditionally been a favorite for alternative investors. With that in ...
( 62
min )
The Aussie dollar has fallen again in the early hours of Friday, as the market continues to see a lot of noise when it comes to risk appetite. The US dollar has been rallying across the board, so this isn’t a surprise at this point in time.
( 60
min )
Find the latest Texas Pacific Land Corporation (TPL) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 46
min )
CrowdStrike shares plunged in premarket trading Friday, while those of its rivals surged, after the cybersecurity firm said an update "defect" caused a worldwide outage in Microsoft’s cloud services.
( 60
min )
Third consecutive time the automaker’s sales have fallen in the Golden State
( 25
min )
Is the recent sell-off in the stock overdone?
( 62
min )
One sector has been a major market laggard recently, but it could be set to turn around.
( 27
min )
Find the latest DuPont de Nemours, Inc. (DD) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 46
min )
Find the latest Enterprise Products Partners L. (EPD) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 46
min )
Billionaire investors like Warren Buffet have built their wealth by focusing on dividend stocks, which offer a blend of stable income, high growth, and safety. One dividend aristocrat that fits this bill is Enterprise Products Partners LP ...
( 62
min )
Find the latest United Airlines Holdings, Inc. (UAL) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 46
min )
Both look poised to benefit from continued AI chip demand.
( 62
min )
My wife (62) and I (60) have $2.4 million in our Edward Jones IRA account and have no mortgage payment and our children are out of the house. Do we really need a financial advisor (at 1%) or could we go with a less expensive option like Vanguard? We don’t see any adjustment with our […] The post Ask an Advisor: We’re in Our 60s and Have $2.4 Million in an IRA. ‘Do We Really Need a Financial Advisor?’ appeared first on SmartReads by SmartAsset.
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Energy Transfer continues to add new growth drivers.
( 62
min )
Major U.S. airlines ordered ground stops citing communications issues, while firms including some financial services and banks reported system outages that disrupted their operations. Microsoft fell 2.7% in premarket trading after the cloud disruption. The disruption comes after a grueling two sessions for Wall Street, as investors assessed second-quarter earnings and a move away from megacap tech stocks that have primarily driven the equity rally in 2024.
( 61
min )
Large stock sales aren't always what they seem.
( 61
min )
This biotech stock fits the profile of a potentially big winner to a T.
( 62
min )
Here's why the recent sell-off could be a golden opportunity to buy these three chip stocks.
( 62
min )
This stock has outperformed Nvidia so far this year.
( 62
min )
The Microsoft Windows outage that affected foreign businesses and luxury hotels in China on Friday left the country's key infrastructure, from airlines to banks, largely unaffected, according to industry sources and social media posts. As of 6pm local time, there have been no reports in mainland China of infrastructure breakdowns, while many airports in the Asia-Pacific region, from Hong Kong to Australia, were hit with disruptions. The international airports in Beijing and Shanghai were operati
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Traders in oil, gas, power, stocks, currencies and bonds from London to Singapore struggled to operate on Friday as a global cyber outage hampered operations, companies, banks and trading sources said. LSEG Group, which runs the London Stock Exchange, said its Workspace news and data platform suffered an outagethat affected users worldwide due to a "third-party global technical issue". The European Energy Exchange said in an internal memo seen by Reuters that clients using the Trayport power and gas trading platform were having problems to trade "due to infrastructure issues with third-party service provider".
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Kinder Morgan's growth engine is shifting into a higher gear.
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These companies have the resources to fund growth -- and reward investors.
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Roughly a dozen amazing companies have announced a stock split in 2024. Three high-flying stocks look like logical candidates to join this exclusive club.
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“How do I collect it as her next of kin if her husband is refusing to collect his inheritance?”
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Although Buffett oversees a 44-stock, $416 billion portfolio at Berkshire Hathaway, three-quarters of invested assets have been put to work in five brand-name, time-tested businesses.
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American Airlines, Delta Airlines, United Airlines and Allegiant Air grounded flights less than an hour after Microsoft said it resolved its cloud services outage that impacted several low-cost carriers. It was not immediately clear whether the call to keep flights from taking off were related to an earlier Microsoft cloud outage.
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For ultra-wealthy entrepreneur Bassim Haidar, living in London has become an expensive indulgence he can no longer justify. While new British Prime Minister Keir Starmer settles into No. 10 Downing St, Haidar is searching for homes in Greece and Monaco, because a proposed inheritance tax revamp will make Britain a 'no go' zone for the rich, he says. Starmer says the overhaul will make Britain's tax system fairer and raise funds for stretched public services.
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(Bloomberg) -- Asian equities and currencies declined as economic and geopolitical risks overwhelmed the market’s optimism surrounding interest-rate cuts. Most Read from BloombergCanada’s Immigration Minister Has a Message for Foreign Students: You Can’t All StayBrookfield Lines Up a 36-Year-Old Rising Star as Next Billionaire CEOBiden Faces Intensified Calls to Step Aside While Ill With CovidWall Street’s ‘Great Rotation Trade’ Takes a Break: Markets WrapAltman’s $3.7 Billion Fusion Startup Lea
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Taipei-listed shares of TSMC fell at the market open on Friday, even after the company raised its full-year revenue forecast and reported a market-beating net profit for the second quarter. Shares of TSMC, the world's largest contract chipmaker, fell 1.79%, while Taiwan's main index opened down 0.73 percent.
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A former Citigroup managing director who said she was fired because she refused to mislead a federal regulator about the bank's risk management accused Citigroup's chief operating officer of intentional deception, according to an amended lawsuit filed late on Thursday. Kathleen Martin said Chief Operating Officer Anand Selva "wanted to misreport Citi's metrics to deceive" the Office of the Comptroller of the Currency into believing the bank was complying with its $400 million settlement agreement in 2020 addressing risk management shortfalls.
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(Bloomberg) -- Chinese investors dumped a record amount of US securities, both stocks and bonds, in May as diplomatic tensions remained elevated between the world’s largest economies.Most Read from BloombergCanada’s Immigration Minister Has a Message for Foreign Students: You Can’t All StayBrookfield Lines Up a 36-Year-Old Rising Star as Next Billionaire CEOBiden Faces Intensified Calls to Step Aside While Ill With CovidWall Street’s ‘Great Rotation Trade’ Takes a Break: Markets WrapBiden Forgiv
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Wedbush initiated coverage of Canada Goose with an Outperform rating and price target of $21.
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CrowdStrike shorts were the "big winners" after the cybersecurity company caused a global outage, sending its stock lower, according to S3 Partners.
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The S&P 500 slid 0.7% on Friday, July 19, 2024, as a tech outage disrupted operations for companies around the world.
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Cloud computing giants are expected to spend a record amount on infrastructure this year, with the race to build out artificial intelligence data centers likely to benefit these chipmakers, according to Bank of America.
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Warner Bros. Discovery is considering plans to separate its movie studio and Max streaming service from its legacy TV networks, according to a Financial Times report.
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After a CrowdStrike update caused an outage affecting organizations across the world, analysts said there could be lasting implications for the company and the big tech industry.
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Intuitive Surgical second-quarter results exceeded analysts' expectations amid strong demand for its da Vinci robotic surgical device. The company's stock hit an all time high
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Carvana shares rose Friday afternoon after a note from JPMorgan analysts predicted the online car retailer would beat consensus estimates when it reports earnings later this month.
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Bitcoin is back above $66,000 again as investors keep pouring money into spot bitcoin exchange-traded funds (ETFs).
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U.S. equities slumped in intraday trading Friday, with CrowdStrike leading S&P 500 losses after the cybersecurity company caused an outage that affected businesses around the world.
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Exchanges like Nasdaq and the New York Stock Exchange operated without major problems after the issues triggered by a CrowdStrike update. Still, some financial-services companies had problems.
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Eli Lilly has won approval from Chinese regulators to sell its weight-loss treatment tirzepatide in the country, the company said in a social media post on Friday.
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Netflix executives discussed the streaming giant's strategic advertising push, its paid subscriber growth, potential headwinds, and more in the company's latest quarterly update.
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Shares of Serve Robotics surged Friday after Nvidia reported a 10% stake in the delivery-technology company.
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Halliburton shares fell Friday morning after the company reported revenue that missed estimates as its U.S. operations lost ground.
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The Travelers Companies reported a gain in second-quarter revenue and net premiums written, but they both fell short of estimates and shares declined Friday.
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Google parent Alphabet is set to report second-quarter earnings after the bell on Tuesday, with investors likely to be watching for sustained cloud growth and updates on artificial intelligence initiatives.
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Comerica shares fell sharply Friday as profits fell year-over-year and the bank said it is likely to lose its exclusive contract with the U.S. Treasury to provide the Direct Express card.
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Plug Power stock tumbled after the company announced a public offering Friday that it expects to generate $200 million in gross proceeds.
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Autoliv blamed a slump in car demand for a drop in second-quarter sales and lowered its guidance.
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Here's what you need to know about CrowdStrike, the cybersecurity company behind the outage that affected businesses around the world Friday.
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Hawaiian Electric and others have reached a tentative deal to pay more than $4 billion to settle lawsuits related to wildfires that ravaged Maui in 2023, according to a Bloomberg report.
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American Express posted better second-quarter profit than analysts had expected Friday, but also joined a string of recent banks reporting quarterly drops in net interest income.
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CrowdStrike shares plunged Friday, while those of its rivals rose, after the cybersecurity firm said an update "defect" caused a worldwide outage in Microsoft’s cloud services.
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CrowdStrike shares plunged in premarket trading Friday, while those of its rivals surged, after the cybersecurity firm said an update "defect" caused a worldwide outage in Microsoft’s cloud services.
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Thousands of flights across the globe were canceled or delayed Friday morning as a Microsoft outage related to a CrowdStrike software update impacted systems across industries.
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News of the day for July 19, 2024
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Stock is Falling in Premarket Trading Friday
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Microsoft’s cloud services were hit by an outage, triggered by an update to CrowdStrike's security software, grounding planes and affecting businesses worldwide.
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Technicals Point to Tiring Uptrend
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A federal appeals court blocked the SAVE repayment plan until a final ruling is made in the case. The ruling is the latest development in a long-standing fight over student loan forgiveness, a key initiative of the Biden administration.
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Cybersecuritybedrijf CrowdStrike stuurde vrijdagochtend een standaard beveiligingsupdate naar Windows 10-computers. Daar zat een fout in, waardoor computers een blauw scherm kregen en onbruikbaar werden. Dit weten we nu over hoe dit kon gebeuren en wat de schade is.
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Unilever is gesprekken begonnen om de ijsjestak te verkopen. Dat meldt persbureau Bloomberg, dat met meerdere ingewijden heeft gesproken. Unilever bezit onder andere de ijsmerken Magnum en Ben & Jerry's.
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Unilever is de eerste gesprekken begonnen om de ijsjestak te verkopen. Dat meldt persbureau Bloomberg die met meerdere ingewijden heeft gesproken. Unilever bezit onder andere de ijsmerken Magnum en Ben & Jerry's.
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De wereldwijde IT-storing heeft vrijdag voor veel overlast gezorgd op Nederlandse luchthavens. Honderden vluchten raakten vertraagd of zijn geannuleerd. Toch hoeven reizigers niet op een flinke compensatie te rekenen.
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Duizenden bedrijven in de hele wereld zijn vrijdag getroffen door een grote computerstoring. Dat komt door een fout in een beveiligingsupdate voor software van CrowdStrike. In dit artikel beantwoordt techverslaggever Tim Wijkman-van Aalst jullie beste en meestgestelde vragen.
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Energieleverancier Vattenfall heeft in de eerste helft van dit jaar meer winst geboekt. De energieprijzen zijn de afgelopen tijd flink gedaald, maar de energieprijzen in Scandinavië zijn voor langere tijd vastgezet.
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Wereldwijd gaat het stroomverbruik de hoogte in door een toenemend aantal airco's, waarmee mensen verkoeling zoeken in een warmer klimaat. Dat meldt het Internationaal Energieagentschap (IEA). Het hogere stroomverbruik leidt op zijn beurt weer tot meer CO2-uitstoot.
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Bepakt en bezakt op reis met de elektrische auto én op je portemonnee letten? In dit artikel zetten we de beste bespaartips van de ANWB, BOVAG én NUjij'ers op een rij.
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Netbeheerders en de zware industrie mogen vanaf volgend jaar afspraken maken over flexibeler gebruik van het stroomnet. Daarbij gebruiken fabrieken tijdelijk geen of minder elektriciteit, in ruil voor lagere tarieven.
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Netbeheerders willen bedrijven in de zware industrie soms tijdelijk afsluiten van het stroomnet. Dit moet vrijwillig gebeuren, in ruil voor lagere tarieven. Toezichthouder ACM meldt dat ze hier toestemming voor geeft, omdat dit netcongestie tegengaat.
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Door een fout in een update voor de beveiligingssoftware van CrowdStrike startten miljoenen mensen op de wereld hun werkdag met computerproblemen. Wat is er aan de hand en is er al een oplossing? Vijf vragen en antwoorden over de wereldwijde computerstoring.
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Miljoenen mensen kunnen vrijdag niet aan het werk door computerproblemen na een foutieve beveiligingsupdate Daardoor staan vliegtuigen van verschillende luchtvaartmaatschappijen aan de grond, zijn vestigingen van McDonald's gesloten en zijn er problemen in ziekenhuizen.
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De grote wereldwijde computerstoring raakt ook vakantiegangers die met het vliegtuig naar hun bestemming gaan. Zo meldt KLM vrijdag dat er slechts beperkt vliegverkeer mogelijk is.
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Schiphol heeft problemen door een grote computerstoring. Dat liet een woordvoerder weten aan ANP. Ook Transavia verwacht dat het gevolgen heeft en laat weten een rommelige dag te verwachten.
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Miljoenen gebruikers van Windows 10-computers kunnen vrijdagochtend hun laptop niet opstarten. Ze zien alleen een blauw scherm. Van over de hele wereld melden bedrijven problemen, waaronder banken, vliegtuigmaatschappijen en mediabedrijven. Ook Schiphol ondervindt hinder.
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Miljoenen Windows 10-computers kunnen vrijdagochtend hun laptop niet opstarten. Gebruikers zien alleen een blauw scherm. Van over de hele wereld melden bedrijven problemen, waaronder banken, vliegtuigmaatschappijen en mediabedrijven. Ook Schiphol ondervindt hinder.
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Miljoenen Windows 10-computers kunnen vrijdagochtend hun laptop niet opstarten. Ze zien alleen een blauw scherm. Van over de hele wereld melden bedrijven problemen, waaronder banken, vliegtuigmaatschappijen en mediabedrijven. Ook Schiphol ondervindt hinder.
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Miljoenen Windows 10-computers blijven vrijdagochtend hangen op een blauw scherm, waardoor ze niet kunnen opstarten. Van over de hele wereld melden bedrijven problemen, waaronder banken, vliegtuigmaatschappijen en mediabedrijven.
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De afgelopen zes maanden was een opvallende stijging te zien van het aantal gestolen vrachtwagens. Het aantal diefstallen nam met 44 procent toe in vergelijking met dezelfde periode vorig jaar. Dat meldt de Rijksdienst Wegverkeer (RDW) aan ANP.
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Ongeveer de helft van de Nederlanders in huurwoningen kan zijn of haar woning niet voldoende koelen tijdens warme dagen. Ook heeft 90 procent van de Nederlanders geen airco.
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SoundHound AI stock is still up 136% in 2024 despite a big pullback. What comes next?
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Project 2025 is a contentious set of policy proposals from the conservative think tank, The Heritage Foundation, intended for implementation should a Republican president assume office in 2025. Economists and tax experts argue that the 900-page manifesto’s proposed reforms to the U.S. tax system would exacerbate economic inequality. Don't Miss: Are you richer than most people you know? Here’s the net worth you need at every age to be above average. How do billionaires pay less in income tax than
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In a trading day that saw most semiconductor stocks get crushed, Intel still posted gains.
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Political uncertainty in the U.S. is becoming a bigger force in the stock market.
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(Bloomberg) -- Hawaiian Electric Industries Inc. is among the companies that have tentatively agreed to pay more than $4 billion to resolve hundreds of lawsuits over the wildfires that ripped through Maui last year, according to people familiar with the deal. Most Read from BloombergCanada’s Immigration Minister Has a Message for Foreign Students: You Can’t All StayBrookfield Lines Up a 36-Year-Old Rising Star as Next Billionaire CEOBiden Faces Intensified Calls to Step Aside While Ill With Covi
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OpenAI is exploring the idea of making AI chips on its own to overcome the shortage of expensive graphic processing units that it relies on to develop AI models such as ChatGPT, GPT-4, and DALL-E3. The Microsoft-backed company is hiring former Google employees who produced the online search giant's own AI chip, the tensor processing unit, and has decided to develop an AI server chip, the report added, citing three people who have been involved. "OpenAI is having ongoing conversations with industry and government stakeholders about increasing access to the infrastructure needed to ensure AI's benefits are widely accessible," a spokesperson for OpenAI told the Information.
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Netflix said on Thursday it added more than 8 million subscribers in its second quarter as the streaming service benefited from a password-sharing crackdown and such titles as "Bridgerton," "Baby Reindeer" and "The Roast of Tom Brady." The subscriber gains topped analyst predictions that Netflix would add about 5 million new customers from April through June. The new sign-ups brought the total number of global Netflix subscribers to more than 277 million.
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(Bloomberg) -- Texas’ largest public pension fund has decided to shift almost $10 billion out of private equity investments, a blow to an asset class that has faced heightened scrutiny amid dwindling returns and a slowdown in exits for portfolio companies. Most Read from BloombergCanada’s Immigration Minister Has a Message for Foreign Students: You Can’t All StayBiden Faces Intensified Calls to Step Aside While Ill With CovidBrookfield Lines Up a 36-Year-Old Rising Star as Next Billionaire CEOUS
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Many investors are undeniably drawn to a real estate investment trust (REIT) offering a double-digit dividend yield and monthly distributions. If you prioritize returns and high dividend yield over risk or want to turbocharge your portfolio, you may ...
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The age of chief executives on this list ranges from their late 70s to early 90s.
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(Bloomberg) -- SunPower Corp. plunged after the solar company told dealers it would no longer support new installations and was halting shipments. Most Read from BloombergCanada’s Immigration Minister Has a Message for Foreign Students: You Can’t All StayBiden Faces Intensified Calls to Step Aside While Ill With CovidBrookfield Lines Up a 36-Year-Old Rising Star as Next Billionaire CEOUS Floats Tougher Trade Rules to Rein In China Chip IndustryS&P 500 Wipes Out Gains as Most Megacaps Slide: Mark
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Registrations of Tesla cars in California fell 24% in the second quarter, signaling mounting challenges for the electric-vehicle maker, according to a report by the California New Car Dealers Association.
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Millions of people buy lottery tickets, drawn by the allure of a life-altering jackpot despite grim odds — roughly one in 300 million. For Steven, the improbable happened. On an episode of The Dave Ramsey Show titled "I Won the Lottery, and Now I’m Broke," Steven shared how, at 28, a simple scratch-off brought him a $1 million windfall. Yet by 36, he was penniless. His account on the show highlighted the challenging dynamics of sudden wealth and the dangers of addictive spending. Don't Miss: The
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(Bloomberg) -- After US technology shares endured their worst drop since late 2022, pummeling the broader market, the trading desk of JPMorgan Chase & Co. is predicting the downdraft will be short-lived.Most Read from BloombergCanada’s Immigration Minister Has a Message for Foreign Students: You Can’t All StayBiden Faces Intensified Calls to Step Aside While Ill With CovidBrookfield Lines Up a 36-Year-Old Rising Star as Next Billionaire CEOUS Floats Tougher Trade Rules to Rein In China Chip Indu
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Retiring early raises a series of questions around both income and spending. You will need to manage your portfolio for longer-term drawdowns, an early end to new earnings, and a long wait for Social Security to kick in. You will need to manage your spending around new needs, particularly health insurance, long-term care insurance and […] The post I'm 55 With a $2 Million Net Worth and $6k in Monthly Expenses. Can I Retire Now? appeared first on SmartReads by SmartAsset.
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There are a couple of different sets of rules around inherited IRAs and you're subject to theleast flexible. While there are more options for a spouse or someone who's chronically ill ordisabled, a minor child, or someone not more than 10 years younger than the deceased IRAowner, you have just 10 years to withdraw the […] The post My Dad Left Me $450k in an IRA, But I’m in the 32% Tax Bracket. How Should I Structure My Withdrawals? appeared first on SmartReads by SmartAsset.
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Billionaire entrepreneur Mark Cuban has been a long-term investor in cryptocurrencies, allocating space to heavyweights like Ethereum (CRYPTO: ETH) in his portfolio. What Happened: In a podcast hosted by Delphi Digital in March 2021, Cuban heaped praise on the world's second-largest cryptocurrency. Don't Miss: 1 in 4 Americans own a share of Bitcoin according to NASDAQ, how many people got started through this free crypto faucet? If you invested $100 in DOGE when Elon Musk first tweeted about it
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Over the last three months, there's been a stunning increase in the number of real estate investment trusts (REITs) receiving analyst price target increases. This is important because analysts' views carry significant weight with investors, so price ...
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Can a nursing home seize your savings? What if your money is in a trust or a Roth IRA? For married and single retirees alike, these are important questions with nuanced answers. First for the good news: A nursing home cannot simply take your retirement accounts or savings. Short of legal action due to an […] The post Can a Nursing Home Take Our Assets? We Have a $500k IRA and a Trust to Protect Us appeared first on SmartReads by SmartAsset.
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Everyone loves seeing growth in their portfolio. However, a good year of investing doesn't necessarily indicate a sound long-term investment strategy. Generating sufficient retirement income means planning ahead of time but being able to adapt to evolving circumstances. As a … Continue reading → The post What Is a Realistic Rate of Return for Retirement? appeared first on SmartAsset Blog.
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Block upgraded, PayPal downgraded: Wall Street's top analyst calls
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Wading in for bargains right now is not the way to go, says Goldman Sachs’ tactical strategist Scott Rubner, who offers seasonal caution.
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If you're taking a required minimum distribution from an IRA, 401(k) or other tax-deferred account and don't need the money to cover living expenses, where should you stash that unneeded cash? Investors now need to start taking RMDs at age 73 or, if they were born after 1960, at age 75. Depending on the balances of […] The post Can I Use My RMDs to Transfer Money Into My Roth IRA? appeared first on SmartReads by SmartAsset.
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Supermicro's earnings are on tap, and all eyes are on its sky-high stock price... and liquid cooling.
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Every market rally can have a bad day, and that’s what we saw yesterday. After a tremendous run, both long and short term, the NASDAQ had its worst day since December 2022, dropping almost 3% and falling to a two-week low. A drop in the mega-cap tech stocks has powered that decline, as worries over tighter trade restrictions with China and investor moves toward broadening the base have pulled money out of the major tech companies. While the market consensus would tell us that this bad day is not
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Find the latest Sunrise Realty Trust, Inc. (SUNS) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
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Find the latest HireQuest, Inc. (HQI) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
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A couple of the names you might not recognize -- yet.
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Just because it might no longer be an acquisition prospect doesn't mean it's not a great growth prospect for you.
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Both of these stocks are trading in the red this year, but one appears to have far more long-term potential than the other.
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This healthcare behemoth is one of the best dividend stocks on the planet.
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(Bloomberg) -- Blackstone Inc.’s real estate arm weighed on the investment giant’s second-quarter results, as high interest rates crimped property valuations and investors pumped less money into the business.Most Read from BloombergCanada’s Immigration Minister Has a Message for Foreign Students: You Can’t All StayUS Floats Tougher Trade Rules to Rein In China Chip IndustryBrookfield Lines Up a 36-Year-Old Rising Star as Next Billionaire CEOHigh-Flying Chipmakers See Worst Plunge Since 2020: Mar
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Bud Light has still not recovered from a controversial partnership last year with transgender influencer Dylan Mulvaney that sparked a boycott of the beer.
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(Bloomberg) -- Over three decades on Wall Street, Jim Covello has learned how painful it can be to bet against an inflating tech stock bubble. The market has a way of minting riches, month after month, even after it’s clear the latest breakthroughs aren’t playing out quite as expected.Most Read from BloombergCanada’s Immigration Minister Has a Message for Foreign Students: You Can’t All StayUS Floats Tougher Trade Rules to Rein In China Chip IndustryBrookfield Lines Up a 36-Year-Old Rising Star
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These three growth stocks have the right characteristics to make them suitable to own for the rest of your life.
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These three stocks can help supplement your monthly income.
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What could it mean if a CEO sells 700,000 shares of his company's stock?
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For the next stage of the AI era, companies with purposeful, practical, and highly targeted solutions stand to benefit the most.
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The JPMorgan Chase CEO had some words of caution, despite the market's recent optimism.
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Temporary market conditions are weighing on these stocks, but in the long run, they can still be great buys.
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TSMC's U.S.-listed shares jumped 3.6% in premarket trading after the Taiwanese company, the world's largest contract chipmaker, posted second-quarter profit above expectations and forecast strong third-quarter revenue. Shares of Apple and Nvidia, both TSMC customers, jumped 0.9% and 3.3%, respectively. Other chipmakers such as Advanced Micro Devices, Intel and Micron Technology rose between 1.9% and 2.5%.
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All three companies are leaders in businesses that are perpetually in demand.
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Chipotle will release its Q2 earnings on July 24. What should investors look out for?
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Analysts are predicting significant upside for some of the most innovative companies involved in the artificial intelligence (AI) revolution.
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These stocks all pay more than four times the S&P 500 average.
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I try to find investments that can keep paying me well no matter what is going on in the world. So should you.
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The S&P 500 is roaring through record highs, but investors should be cautious in the current market environment.
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The market can be unpredictable in the short run, but over the long term, the best companies will build lasting wealth for their shareholders.
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Nvidia isn't the only game in town when it comes to artificial intelligence (AI).
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Investors are worried about slowing sales and health risks. That's what they were worried about more than a decade ago, too.
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CVR Energy contributes more than 75% of Icahn Enterprises' top line, but you'd be better off with one of these two energy giants instead.
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Despite their recent underperformance, these two phenomenal dividend stocks -- sporting an average yield of 5.79% -- have the recipes to make their patient shareholders notably richer.
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Home buyers and businesses waiting for lower interest rates in Europe are going to have to wait a little longer as the European Central Bank takes its time to make sure stubborn inflation is firmly under control before lowering its benchmark rate again. The ECB's stance for now resembles that that of the U.S. Federal Reserve, which is expected to hold off lowering rates at its next meeting July 30-31, though the Fed appears closer to cutting rates after that than is the ECB. Economists say the Frankfurt-based central bank, which decides interest-rate policy and supervises banks in the 20 European Union member countries that use the euro currency, will likely leave its key rate unchanged at 3.75% when its officials meet Thursday in Frankfurt.
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Asian shares were mostly lower Thursday, with Tokyo’s benchmark dipping more than 2%, after Wall Street’s record-breaking rally slammed into a wall of worries over potentially worsening trade tensions with China. Japan's Nikkei 225 index finished down 2.4% at 40,126.35. The markets' spotlight was squarely on chip companies after a report from Bloomberg News said President Joe Biden is considering the most severe trade restrictions available if companies like the Netherlands’ ASML and Japan’s Tokyo Electron continue to ship advanced semiconductor technology to China.
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(Bloomberg) -- Taiwan Semiconductor Manufacturing Co.’s earnings beat lofty analysts’ estimates on growing AI investments around the world. Most Read from BloombergCanada’s Immigration Minister Has a Message for Foreign Students: You Can’t All StayUS Floats Tougher Trade Rules to Rein In China Chip IndustryHigh-Flying Chipmakers See Worst Plunge Since 2020: Markets WrapBrookfield Lines Up a 36-Year-Old Rising Star as Next Billionaire CEOBiden Tests Positive for Covid-19, Scraps Las Vegas EventMa
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Tech stocks have soared this year. With massive cash flows and some of the most envied AI-powered earnings growth stories out there, it can make sense to look no further than the Magnificent Seven companies for tech exposure. However, with the Federal Reserve open to cutting rates before inflation falls to 2%, perhaps the hyper-growth, high-multiple innovators (like SNOW, MRVL, and HUBS) are poised to pick up the slack from here. It’d be a mistake not to consider other tech firms that may be set
( 63
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(Bloomberg) -- Asian shares declined Thursday, as a broad tech selloff continued on concerns over tighter US restrictions on chip sales to China.Most Read from BloombergCanada’s Immigration Minister Has a Message for Foreign Students: You Can’t All StayUS Floats Tougher Trade Rules to Rein In China Chip IndustryHigh-Flying Chipmakers See Worst Plunge Since 2020: Markets WrapBrookfield Lines Up a 36-Year-Old Rising Star as Next Billionaire CEOBiden Tests Positive for Covid-19, Scraps Las Vegas Ev
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Finnish telecom equipment maker Nokia said on Thursday its operating profit fell 32% in the second quarter, as demand for 5G telecom equipment remained weak. Its comparable operating profit fell to 423 million euros ($462.38 million), from 619 million euros in the same quarter a year earlier. Nokia and its Swedish rival Ericsson have both been hit by customers buying less telecom equipment.
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U.S. small-cap stocks are having a long-awaited moment, ignited by expectations of interest rate cuts and improving prospects for the election of Republican presidential candidate Donald Trump, a proponent of policies seen as benefiting smaller domestic companies. The small-company-focused Russell 2000 surged more than 11.5% over five days, the index's biggest gain in such a stretch since April 2020. At the same time, tech and growth stocks have wobbled, reinforcing the view that small caps have benefited from a rotation out of this year’s biggest winners into unloved areas of the market.
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CEO David Zaslav is examining several strategic options for the company, ranging from selling assets to separating its Warner Bros movie studio and Max streaming service into a new company, the FT reported, citing people familiar with the matter. The report said most of the group's debt -- about $39 billion as of March 31, according to a company filing -- could remain with the pay-TV networks business if Warner Bros breaks up. Warner Bros' shares have fallen nearly 27% this year through Wednesday's close, valuing the company at $20.39 billion, according to LSEG data.
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High mortgage rates have fallen some, but remain elevated as the Federal Reserve continues its fight against inflation.
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Cintas beat profit and sales estimates and gave strong fiscal 2025 guidance as it added new customers, sold more to existing customers, and reduced expenses.
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Netflix reported second-quarter revenue and earnings beating analysts' estimates as subscribers surged, though the streaming giant issued softer-than-expected guidance for the third quarter.
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Inflation hasn’t stopped people from shopping, but it has changed the way they think about purchases—forcing companies to offer more discounts to keep customers.
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Retail investors have poured into small-cap stocks amid hopes that recent economic data could embolden the Federal Reserve to start cutting interest rates, according to analysts at Vanda Research.
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The S&P 500 fell 0.8% on Thursday, July 18, 2024, as tech stocks came under pressure for the second straight day and data showed an uptick in jobless claims.
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Issuers of spot ether ETFs raced to offer low fees and fee waivers, while Grayscale came under fire for high fees ahead of the product's initial trading expected next week.
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TWFG Insurance began trading on the Nasdaq on Thursday with shares climbing about 30% from their IPO price.
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The number of people applying for unemployment insurance for the first time surged last week, matching its highest level of the year.
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Shares of M&T Bank rose Thursday after the regional bank's second-quarter results beat analyst expectations.
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OpenAI announced GPT-4o mini, a new lower cost small model, that could strengthen the company's leadership position in the artificial intelligence market.
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Investors are optimistic about the stock market and expect to see more gains in the third quarter, according to a recent survey from Morgan Stanley.
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Professional services firm Marsh & McLennan Cos, reported second-quarter sales and earnings that missed Wall Street's estimates.
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Sales at Abbott Laboratories' diagnostics unit dropped in the second quarter as demand for COVID-19 tests slumped.
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Analysts Called Hire a 'Key Step' in Turnaround
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Ford will expand manufacturing of Super Duty pickups at a plant in Canada that was expected to build electric vehicles.
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The selloff in tech stocks that sent the S&P 500 and Nasdaq sinking yesterday continued at midday,. The Dow fell from its all-time high.
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Infosys lifted its revenue guidance for fiscal 2025 as IT spending is expected to surge while companies invest in artificial intelligence. The news sent the stock sharply higher.
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D.R. Horton shares surged in intraday trading Thursday after the company topped third-quarter earnings expectations.
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Company Scaled Back its International Growth Plans
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Darden Restaurants will buy Tex-Mex restaurant chain Chuy's for $605 million in cash.
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Novartis American depositary receipts (ADRs) slipped Thursday even though the pharmaceutical giant beat second-quarter earnings expectations and raised its full-year core operating income guidance.
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Nokia American depositary receipts (ADRs) fell Thursday after the Finnish telecommunications company posted an unexpected second-quarter loss as sales sank nearly 20% year-over-year.
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Taiwan Semiconductor Manufacturing Company reported second-quarter results that beat analysts' expectations amid surging demand for artificial intelligence chips.
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Taiwan Semiconductor Manufacturing Company gained Thursday after the chipmaker reported second-quarter results that beat analysts' expectations amid surging demand for artificial intelligence chips.
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News of the day for July 18, 2024
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The Fund's Price Has Risen for Eight Consecutive Trading Sessions
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The Semiconductor Fund Fell 7% Wednesday
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De verkoop van warmtepompen is in de eerste helft van dit jaar flink weggezakt. In de eerste zes maanden zijn er 47.000 exemplaren verkocht, wat bijna een halvering is ten opzichte van de 88.000 van een jaar eerder. Dat blijkt uit cijfers van Vereniging Warmtepompen.
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De Autoriteit Persoonsgegevens (AP) waarschuwt dat er incidenten met kunstmatige intelligentie (AI) kunnen gaan plaatsvinden. Daarom moeten organisaties terughoudend zijn in het gebruik van AI, zeker als ze twijfelen of ze de risico's onder controle hebben.
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De totale overslag in de Rotterdamse haven wordt waarschijnlijk niet "ernstig geraakt" door de situatie in de Rode Zee. Dat is de verwachting van topman Boudewijn Siemons van het Havenbedrijf Rotterdam. De totale overslag is de eerste zes maanden vrijwel gelijk gebleven.
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De toonaangevende rente van de Europese Centrale Bank blijft deze maand ongewijzigd. Na de renteverlaging in juni, de eerste in vijf jaar tijd, wacht de centrale bank nu met een volgende stap.
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De toonaangevende rente van de Europese Centrale Bank blijft deze maand ongewijzigd. Na de renteverlaging in juni, de eerste in vijf jaar tijd, wacht de centrale bank nu met een volgende stap.
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Terwijl Nederlanders in een overgangsfase zitten naar het nieuwe pensioenstelsel, blijft de oudedagsvoorziening een taai en onbemind onderwerp. Daardoor zijn veel mensen slecht op de hoogte van wat het nieuwe pensioen voor hen betekent, bleek deze week weer. NU.nl beantwoordt acht lezersvragen over het nieuwe pensioen.
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Prijzen in het openbaar vervoer gaan in 2025 waarschijnlijk met ruim 3 procent omhoog. Dit komt onder andere door hogere kosten voor lonen en energie.
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Streamingdienst Viaplay, vooral bekend van de Formule 1-uitzendingen, heeft de afgelopen drie maanden opnieuw abonnees verloren. Ondanks een flinke prijsverhoging in mei is de omzet van de videodienst gedaald.
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De Europese Commissie onderzoekt de samenwerking tussen Samsung en Google op het gebied van kunstmatige intelligentie (AI). De toezichthouder wil weten of die samenwerking nadelig is voor andere AI-bedrijven.
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Discounter Action heeft in de eerste zes maanden van dit jaar 119 nieuwe winkels geopend. Het concern, bekend van de vele huishoudelijke spullen, verwacht voor de rest van het jaar uit te komen op 330 nieuwe filialen.
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Supermarktconcern Jumbo laat weten dat het aantal winkeldiefstallen in de eerste zes maanden van dit jaar met ruim een derde is gedaald. Het bedrijf uit Veghel heeft afgelopen jaar extra maatregelen genomen, nadat er voor 100 miljoen euro aan producten was gestolen.
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CEOs of small and midsize companies, feeling the effects of inflation and high interest rates, report feeling less confident than they did earlier in the year.
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Some economists see the case for the Federal Reserve to begin cutting interest rates at its July meeting, earlier than the September rate cut that investors are expecting.
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Amazon-backed Anthropic is partnering with Menlo Ventures to launch the Anthology Fund, a $100 million fund focused on artificial intelligence startups that could help advance Anthropic's technology.
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VF Corporation, the owner of Vans and North Face brands, sold its Supreme streetwear brand to French eyeglass retailer EssilorLuxottica for $1.5 billion
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Prologis, the world’s largest industrial real estate company, said that despite subdued customer demand, it sees an improvement ahead and boosted its full-year outlook.
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The S&P 500 dropped 1.4% on Wednesday, July 17, as concerns about possible export restrictions on semiconductor equipment weighed on the tech sector.
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The deal between Starbucks and Mercedes-Benz will start with locations along the Interstate 5 corridor in the Western U.S.
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Historic gains as investors veer from high-profile tech shares
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Housing starts and building permits were up in June, but not in the way economists had hoped.
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Online shopping across U.S. retailers hit $7.2 billion Tuesday as Amazon's Prime Day started, making it the biggest online shopping day of 2024 so far, according to Adobe Analytics.
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Refinancing surged last week as many homeowners took advantage of a drop in mortgage rates to pay less interest on their existing home loans.
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Bitcoin briefly peered above $65,000 early Wednesday in the U.S.; digital asset manager Bitwise released a bullish investment note on ether once spot ether ETFs launch.
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The S&P 500’s consumer staples sector was recently up more than 1%, making it the benchmark index’s best performer on a day when the broader index was in retreat.
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Intel and GlobalFoundries shares gained Wednesday while Nvidia, ASML, and other chip stocks dropped amid worries about tightening trade restrictions and rising geopolitical tensions affecting the chip industry.
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Second-quarter revenue and profits fell year-over-year as net interest income decreased at First Horizon.
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The U.S. Jobs Market May Hold the Answer
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U.S. equities were mixed at midday as concerns about possible government actions that could negatively impact the chip sector sent the S&P 500 and Nasdaq tumbling.
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Shares of 1-800-Flowers.com sank in intraday trading Wednesday after D.A. Davidson downgraded the stock to "underperform" and lowered its price target.
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Nvidia, ASML, and other chip stocks tumbled Wednesday following reports of potential government moves that could negatively impact the sector.
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Spirit Airlines warned that its second-quarter loss would be more than expected, and revenue would fall short of its previous outlook.
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Elevance Health topped analysts' expectations with its second-quarter results, but shares of the health insurance provider fell in intraday trading Wednesday amid "attrition in Medicaid membership."
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A new non-injectable weight-loss drug from Swiss pharmaceutical firm Roche has shown encouraging early stage data, sending shares of rival GLP-1 developers Eli Lilly and Novo Nordisk lower Wednesday.
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Reports name DataDog as a possible buyer
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Johnson & Johnson reported second-quarter earnings Wednesday, with one-time costs like legal fees causing profits to miss analyst estimates despite better-than-expected sales.
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Five Below shares tumbled Wednesday after the company announced the unexpected departure of its CEO, and lowered sales guidance for the second quarter.
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News of the day for July 17, 2024
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Shares Gained More Than 6% on Tuesday to Lead Dow Gainers
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Gold prices climbed to a new record high on Tuesday as investors move into the precious metal amid rising expectations that the Federal Reserve will lower its benchmark interest rate in September. Monitor these important chart levels.
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The company is not shaping up to be a stock market winner this week.
( 61
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(Bloomberg) -- Chinese consumers are cutting back on dining out, dealing a heavy blow to related shares as investors grow weary over the once-strong sector and its impact on the domestic economy.Most Read from BloombergCanada’s Immigration Minister Has a Message for Foreign Students: You Can’t All StayUS Floats Tougher Trade Rules to Rein In China Chip IndustryHigh-Flying Chipmakers See Worst Plunge Since 2020: Markets WrapBrookfield Lines Up a 36-Year-Old Rising Star as Next Billionaire CEOBide
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Berkshire Hathaway is loading up on this energy stock.
( 62
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Dividends are a great part of any portfolio. Here are three keepers for any dividend investor.
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Semiconductor investors shouldn’t ‘freak out,’ one analyst says, as pullback helps reduce lofty expectations ahead of earnings.
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U.S. pipeline and terminal operator Kinder Morgan on Wednesday missed Wall Street estimates for second-quarter profit, weighed down by higher costs and weakness in its CO2 segment. Adjusted core profit from the transportation of CO2 fell about 6.3% to $164 million, from $175 million in the year-ago quarter. The segment earnings were impacted by lower crude and natural gas liquids volumes and CO2 sales, the company said.
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A landmark agreement has allayed investors' fears about QuantumScape's prospects.
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It’s deep red on Wall Street on Wednesday, with tech stocks sharply falling amid a semiconductor broad-based selloff following news that the Biden administration is hastening export restrictions to China. Bloomberg reported on Wednesday that the U.S. administration has advised its allies to impose the strictest trade restrictions possible if companies such as Tokyo Electron Ltd. (OTCPK: TOELY) and ASML Holding NV (NASDAQ:ASML) persist in supplying advanced chips to China. Shares of the Dutch chi
( 62
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Cassava Sciences Inc (NASDAQ:SAVA) stock is trading lower on Wednesday on a heavy session volume of 14.35 million, as per data from Benzinga Pro. The Board of Directors appointed Richard (Rick) Barry as Executive Chairman and the company’s principal executive officer, effective immediately. The company is searching for a new permanent CEO. Mr. Barry succeeds Remi Barbier, the Company’s Chairman, President, and CEO, who resigned and will remain employed by the Company until September 13, 2024, in
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Roche has a new GLP-1 weight loss drug in the works -- and one very cheap stock.
( 61
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More than $338bn (£260bn) has been wiped off the value of the world’s richest companies amid fears that Joe Biden will launch a trade war against China.
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No, you’re not the only one who’s not rich or happy. It’s a repeating message: the lavish displays of wealth on social media are often not what they seem. Financial expert Dave Ramsey has a powerful message for those captivated by the opulent lifestyles they see online: "The expensive cars, luxurious vacations, and other extravagant displays are rarely true indicators of wealth." Don't Miss: Are you richer than most people you know? Here’s the net worth you need at every age to be above average.
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Financial expert Suze Orman voiced her opinions on CNBC’s "Millennial Money," offering advice and reactions to a young professional’s financial choices, particularly about car ownership and investment strategies. Orman, known for her straightforward approach, dissected the financial decisions of Wendy, a millennial from Pasadena, California, who earns $80,000 a year and owns a BMW. Don't Miss: The average American couple has saved this much money for retirement — How do you compare? Warren Buffe
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Chipotle's stock underwent a 50-for-1 split, but most analysts took a different path to recalibrating price targets.
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401(k) plans are among the most popular ways Americans save for retirement. They’re so widely used because they offer great benefits like tax advantages, employer match programs, and the ability to automatically deduct savings directly from your paycheck, making it easier to save consistently. For many, these plans are crucial to achieving a secure retirement. Don't Miss: Are you richer than most people you know? Here’s the net worth you need at every age to be above average. Can you guess how m
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(Bloomberg) -- The S&P 500 Index has nowhere to go from here but down according to Goldman Sachs Group Inc. tactical strategist Scott Rubner who cautions “I am not buying the dip.”Most Read from BloombergUS Floats Stricter Trade Rules to Rein In China’s Chip IndustryBlackRock Says Gunman From Trump Rally Appeared in Firm’s AdTrump Security Tightened on Iran Plot Intel; No Link to ShootingAmazon Sold a Used Diaper. It Tanked a Mom-and-Pop BusinessHSBC Names Elhedery CEO, Picking Insider for Top J
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Eli Lilly And Co (NYSE:LLY), Novo Nordisk A/S (NYSE:NVO), Viking Therapeutics Inc (NASDAQ:VKTX), and Structure Therapeutics Inc (NASDAQ:GPCR) stocks are trading lower on Wednesday. What happened? Earlier on Wednesday, Roche Holdings AG (OTC:RHHBY) announced topline results from two arms of an ongoing multi-part Phase 1 clinical trial for CT-996 for type 2 diabetes and obesity. The data showed that treatment with CT-996 in participants with obesity and without type 2 diabetes resulted in a clinic
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The e-commerce space is packed with competition, but one company seems completely overlooked compared to the rest of the pack.
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When Social Security represents at least 30% of the income of people ages 65 and above, this program’s annual Cost-of-Living Adjustment (COLA) can greatly impact retirees. With inflation rates lowering over the past couple of months, 2025's COLA is currently estimated to be about 2.7%, according to Mary Johnson, an independent Social Security and Medicare policy analyst. Don't Miss: The average American couple has saved this much money for retirement — How do you compare? Can you guess how many
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Costco has a reputation for rock-bottom gas prices. The real data is slightly less enthusiastic. See our results for the actual numbers.
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Five Below, Qualcomm downgraded: Wall Street's top analyst calls
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Chip stocks led by Nvidia Corp (NASDAQ:NVDA) and Advanced Micro Devices, Inc (NASDAQ:AMD) are trading lower Wednesday as the U.S. intensified semiconductor sanctions against China, followed by Presidential candidate Donald Trump’s attack against crucial contract chipmaker Taiwan Semiconductor Manufacturing Company (NYSE:TSM). The Biden administration is contemplating using the Foreign Direct Product Rule (FDPR), which allows it to impose controls on foreign-made products that incorporate even mi
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The Biden administration has taken measures to prevent firms in China from using U.S. technology for artificial intelligence, including advanced semiconductors, as the burgeoning sector raises security concerns. Microsoft, Alphabet, Nvidia and the Department of Commerce did not immediately respond to Reuters requests for comment. The Biden administration has proposed requiring cloud companies to determine whether foreign entities are accessing data centers in the United States to train AI models, U.S. Commerce Secretary Gina Raimondo told Reuters in January.
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Last year brought us a solid bull market, and so far this year stocks are continuing the winning streak. A look at the NASDAQ shows a 12-month gain of 30%, and the S&P 500 index is up 25% over the same period. It’s an environment that has investors looking for solid choices with more room left to run. The usual move is buying low and selling high – but that’s not the only route to find a winning investment. There are plenty of sound investments to be found in shares that have already given us th
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The star investor seems to have correctly made a giant call.
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Ray Dalio's hedge fund is snapping up this popular stock.
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You can buy these solid stocks at some attractive discounts right now.
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The U.S. has told allies it is considering using the most severe trade curbs available if companies continue giving Beijing access to advanced semiconductor technology, Bloomberg News reported on Tuesday. Restrictions already in place have dented U.S. chipmakers' sales to China. Nvidia's revenue from China stood at about 18% of its total revenue in the quarter ended April 28, compared to 66% in the year-ago period.
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Megacap technology companies are delivering impressive results, and the market is rewarding them for it.
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Lenders in the U.S. have been offering higher interest rates to retain deposits in recent months as customers increasingly seek better returns by placing their money in higher-yielding alternatives such as money-market funds. Meanwhile, borrowers have also put off taking loans until the interest rates normalize, further pressuring consumer-facing banks. U.S. Bancorp's net interest income (NII), the difference between what banks pay customers on deposits and earn as interest on loans, fell about 9% to $4.05 billion in the quarter versus a year earlier.
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News of the day for July 17, 2024
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GitLab has around 30 million enterprise software users.
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These three dividend vehicles could provide reliable passive income.
( 62
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Find the latest HireQuest, Inc. (HQI) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
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min )
Find the latest Texas Pacific Land Corporation (TPL) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
( 46
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Suppose you sell your primary home and make a $750,000 profit. Will you owe capital gains tax on that profit? The short answer is yes. Depending on a handful of factors, you may owe tens of thousands of dollars to over a hundred thousand dollars. Your exact tax liability could vary drastically, so knowing what […] The post I’m Selling My Home and Netting $750k to Downsize for Retirement. Do I Have to Pay Capital Gains Taxes? appeared first on SmartReads by SmartAsset.
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Most Americans have less in their retirement accounts than they'd like, and much less than the rules say they should have. So, obviously, if that describes you then you're not alone. Now, most financial advisors recommend that you have between five … Continue reading → The post How Much Should I Have in My 401(k) at 50? appeared first on SmartAsset Blog.
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Find the latest Amgen Inc. (AMGN) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
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You might be late to the party.
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I’m 60 and plan to retire at 64 or 65, but I’m going through a divorce (my ex-wife will keep the house). Right now, my pension at work (I won’t receive Social Security) would provide me around 73% of my current gross income. If I wait a few more years, it will be a bit […] The post Ask an Advisor: I'm Getting Divorced 5 Years Before Retirement. What Should I Do? appeared first on SmartReads by SmartAsset.
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These companies may not have the highest yields, but they more than make up for it with quality.
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Johnson & Johnson beat estimates for second-quarter profit and revenue on Wednesday, driven by strong sales of its drugs, including cancer treatment Darzalex and blockbuster psoriasis drug Stelara. Revenue of $22.4 billion surpassed the consensus estimate of $22.3 billion, according to LSEG data. Adjusted earnings of $2.82 per share beat analysts' expectations of $2.70 per share.
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Enterprise Products Partners continues to distribute more cash to its investors.
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It's one of the Oracle of Omaha's all-time favorite stocks.
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Nvidia stock was one of the best performers of the first half, climbing almost 150%.
( 62
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Alibaba Group Holding Limited (NYSE:BABA) and its peers, including Baidu, Inc (NASDAQ:BIDU), PDD Holdings Inc (NASDAQ:PDD), Bilibili Inc (NASDAQ:BILI) harboring artificial intelligence ambitions could face a rough ride as the U.S. government intensifies its semiconductor sanctions against China. The Biden administration, facing resistance to its semiconductor restrictions on China, has informed allies that it is considering the strictest trade measures available if crucial providers of chipmakin
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These two dividend growth stocks offer you at least double what you get from the S&P 500, all backed by very boring businesses.
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The U.S. Federal Reserve should exercise patience with its next interest rate move to account for the chance of inflation rising again in a turbulent world, JP Morgan Chase CEO Jamie Dimon said in a media interview published on Wednesday. "I think there are a lot of reasons why inflation could rise again in the future: increasing government spending, the re-militarization of the world, the extraordinary investments in the green economy, the restructuring of trade," he added.
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Small-cap stocks might be a great place to invest for the rest of 2024 if interest rates fall as expected.
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Broadcom stock has soared in the triple digits over the past three years.
( 62
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Forecasts from Wall Street analysts imply colossal gains for shareholders of UiPath and Tesla.
( 63
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Three of Wall Street's most-popular stock-split stocks have some big questions to answer.
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This tech titan could join the most exclusive club on Wall Street by the end of 2025.
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Asian stocks were mostly lower Wednesday even as investors wagered that the Federal Reserve will come ahead with a cut to interest rates, while Australia’s benchmark hit a new record. U.S. futures fell and oil prices advanced. Reports said the Finance Ministry might have intervened in the currency market last week, buying nearly 6 trillion yen ($37 billion) to support the yen.
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(Bloomberg) -- ASML Holding NV fell as the prospect of more severe US restrictions on its business in China offset growth in the Dutch firm’s order intake last quarter. Most Read from BloombergBlackRock Says Gunman From Trump Rally Appeared in Firm’s AdTrump Security Tightened on Iran Plot Intel; No Link to ShootingAmazon Sold a Used Diaper. It Tanked a Mom-and-Pop BusinessFrom Elon Musk to David Sacks, Silicon Valley’s Trump Backers Cheer Vance as VP PickAmbani's $600 Million Wedding Is Just Bu
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GitLab, a U.S. provider of cloud-based software development tools whose investors include Google parent Alphabet, is exploring a sale after attracting acquisition interest, according to people familiar with the matter. GitLab, which has a market value of about $8 billion, is working with investment bankers on a sale process that has attracted interest from peers, including cloud monitoring firm Datadog, the sources said. GitLab and Datadog did not immediately respond to requests for comment.
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(Bloomberg) -- Asian equities rose, joining a global rally as bets the Federal Reserve will soon start cutting interest rates fueled a rush into riskier corners of the market.Most Read from BloombergBlackRock Says Gunman From Trump Rally Appeared in Firm’s AdTrump Security Tightened on Iran Plot Intel; No Link to ShootingAmazon Sold a Used Diaper. It Tanked a Mom-and-Pop BusinessFrom Elon Musk to David Sacks, Silicon Valley’s Trump Backers Cheer Vance as VP PickTrump Shooting Changes Biden’s Pla
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ASML, the largest equipment supplier to chipmakers, on Wednesday reported better-than-expected second-quarter net income of 1.6 billion euros ($1.7 billion) on revenues of 6.2 billion euros, while new bookings rose. Analysts had seen net income at 1.41 billion euros on revenue of 6.04 billion euros, according to LSEG data. The second-quarter numbers compare with net income of 1.94 billion euros and sales of 6.90 billion euros a year earlier.
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Gold hit a record and bonds rallied on Wednesday as markets prepared for global interest rates to fall, while stocks in Taiwan slipped after U.S. presidential candidate Donald Trump sounded lukewarm in his commitment to the island's defence. The S&P 500 scaled record highs overnight and futures were steady in Asia. MSCI's broadest index of Asia-Pacific shares outside Japan was flat and Japan's Nikkei rose 0.1%.
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(Bloomberg) -- Tesla Inc.’s move into the more profitable autonomous taxi platform business will be a catalyst for a roughly 10-fold increase in its share price, according to Ark Investment Management LLC’s Cathie Wood.Most Read from BloombergBlackRock Says Gunman From Trump Rally Appeared in Firm’s AdTrump Security Tightened on Iran Plot Intel; No Link to ShootingAmazon Sold a Used Diaper. It Tanked a Mom-and-Pop BusinessFrom Elon Musk to David Sacks, Silicon Valley’s Trump Backers Cheer Vance
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De vijf grootste pensioenfondsen stonden er aan het einde van het tweede kwartaal weer iets beter voor. Hun buffers zijn ruimer richting de overstap naar het nieuwe pensioenstelsel. En dat terwijl rendementen op de beurs juist wat tegenvielen.
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De Wereldhandelsorganisatie (WTO) heeft in een rapport kritiek geuit op China's subsidies voor de eigen industriesector. Volgens de organisatie uit Genève is de regering in Peking niet transparant genoeg over haar steun aan de industrie.
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De aandelenkoers van chipmachinefabrikant ASML zakte woensdag met 10,93 procent in waarde. Dat komt vooral doordat beleggers vrezen dat er strengere beperkingen komen voor de export van chipmachines naar China. Daar behaalt ASML nu een groot deel van z'n omzet.
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Na de verkiezingswinst van Labour in het Verenigd Koninkrijk (VK) heeft de nieuwe Britse handelsminister laten weten dat hij de Brexit-deal wat wil versoepelen. Hij wil inzetten op minder grenscontroles bij het transport van voedingsmiddelen, planten en dieren.
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Zorgverzekeraars CZ, VGZ, Menzis en Zilveren Kruis doen onderzoek naar mogelijke fraude bij de inmiddels failliete commerciële huisartsenketen Co-Med. Dat bevestigt CZ, dat als grootste verzekeraar de afhandeling van de keten coördineert, aan persbureau ANP na berichtgeving van EenVandaag.
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Het ziekteverzuim is in het tweede kwartaal licht gedaald vergeleken met de eerste drie maanden van dit jaar. Ten opzichte van dezelfde periode vorig jaar is er sprake van een stijging. Toch heeft de Oranjekoorts daar geen invloed op gehad.
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Mensen die in een databank van coronatesten bij de GGD stonden hoeven niet meer op een schadevergoeding te rekenen. In 2021 werden na een grote dataroof bij de GGD gegevens van mensen gelekt die zich op het coronavirus hadden laten testen.
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Een lachende smiley, een hartje of een knipoog: we gebruiken emoji's om een boodschap over te brengen. Maar kan dat ook in zakelijke berichten? Omdat het vandaag Wereldemojidag is, kun je vandaag stemmen en discussiëren over de stelling: 'Het gebruik van emoji's in zakelijke mails moet kunnen.'
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De subsidiepot voor de aanschaf of lease van een gebruikte elektrische auto is zo goed als opgebruikt. Woensdagochtend zat er nog 118.173 euro in het potje, dat is goed voor 59 auto's. Gemiddeld wordt per dag subsidie voor 95 gebruikte elektrische auto's aangevraagd.
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Japan staat op het punt een steunpakket met een omvang van 3,3 miljard dollar voor Oekraïne goed te keuren. Het Aziatische land gebruikt hiervoor rente op Russische bezittingen, melden diplomatieke bronnen aan het Japanse persbureau Kyodo.
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Nutricia brengt Olvarit met bruine bonen, appel, rijst en rundvlees terug op de markt. Het voedingsmiddelenbedrijf, tegenwoordig onderdeel van Danone, doet dit nadat het door een wanhopige moeder op de hoogte was gebracht van een bijzondere eigenschap van dit specifieke potje voeding.
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Chipmachinemaker ASML heeft een lastig half jaar achter de rug. De verkoop liep terug en ook de winst daalde. Wel is het bedrijf hoopvol over de tweede helft van dit jaar, onder meer door een stijging van het aantal orders.
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Medical Properties Trust's yield looks appealing, but it wouldn't have made up for the stock's 70% decline over the last three years.
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The Mt. Gox distribution will not end the bullish trend, CryptoQuant CEO noted.
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CNBC Make It interviewed a couple who left life in the United States behind to retire early and travel abroad. Dianne and Guillermo, 47 and 44, achieved FIRE (Financial Independence, Retire Early) and decided to quit the 9-to-5 to live their dreams. Don't Miss: Warren Buffett flipped his neighbor's $67,000 life savings into a $50 million fortune — How much is that worth today? Can you guess how many retire with a $5,000,000 nest egg? – How does it compare to the average? "We had saved up $2.2 mi
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In the next 10 years, Nvidia’s value could be worth more than the entire S&P 500 today, tech investor James Anderson predicted.
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Arbor Realty Trust (NYSE:ABR) consistently attracts investors looking for high-yield companies. With a forward dividend yield of 11.1% and a decade-plus track record of dividend raises, things look promising, but there may be more than meets the ...
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Schwab says it wants to get smaller. Its stock price is already doing just that.
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Let’s face it, the American dream has gotten a price upgrade. According to recent data from the Federal Reserve, a net worth of at least $3,795,000 places you among the coveted top 5% of U.S. households. While this may seem like a substantial sum, it pales compared to the ultra-affluent’s stratospheric wealth. Don't Miss: Warren Buffett flipped his neighbor's $67,000 life savings into a $50 million fortune — How much is that worth today? Can you guess how many retire with a $5,000,000 nest egg?
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Learn how to optimize your retirement portfolio with these top ETF choices designed for steady returns and peace of mind.
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Charles Schwab shares tumbled in intraday trading Tuesday after CEO Walt Bettinger said in an earnings call that the financial services company plans to downsize in order to maintain profitability.
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Broadcom's CEO just made a move that may look scary to some investors.
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The largest cruise line is trading essentially where it was at the start of this year. It shouldn't be that way.
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Grant Cardone, the self-made millionaire and real estate mogul, is stirring up controversy with his unconventional stance on retirement savings. Contrary to traditional financial advice, Cardone adamantly opposes investing in 401(k)s and IRAs, calling them ineffective for building wealth. Don't Miss: Can you guess how many Americans successfully retire with $1,000,000 saved? The percentage may shock you. Warren Buffett flipped his neighbor's $67,000 life savings into a $50 million fortune — How
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(Bloomberg) -- The most speculative corner of the stock market is soaring at a pace not seen since the pandemic as traders race to move up their rate cut bets in a risk-on signal for the investment community. Most Read from BloombergBlackRock Says Gunman From Trump Rally Appeared in Firm’s AdTrump Shooting Changes Biden’s Plan to Revive 2024 CampaignAmazon Sold a Used Diaper. It Tanked a Mom-and-Pop BusinessFrom Elon Musk to David Sacks, Silicon Valley’s Trump Backers Cheer Vance as VP PickXi Ji
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Investors are looking at net new asset flows and the pace at which Schwab is paying down debt.
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(Bloomberg) -- Charles Schwab Corp. reported that fewer clients opened new brokerage accounts with the investing giant than analysts expected, sending shares of the company down in early trading. Most Read from BloombergBlackRock Says Gunman From Trump Rally Appeared in Firm’s AdTrump Shooting Changes Biden’s Plan to Revive 2024 CampaignAmazon Sold a Used Diaper. It Tanked a Mom-and-Pop BusinessTrump Classified Documents Case Dismissed by Florida JudgeXi Jinping’s Great Economic Rewiring Is Cush
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The electricity grid operators of the three Baltic countries on Tuesday officially notified Russia and Belarus that they will exit a 2001 agreement that has kept Estonia, Latvia and Lithuania connected to an electricity transmission system controlled by Moscow. The Baltic countries already have stopped buying electricity from Russia.
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The USD continues to look as if it is going to pressure the yen overall, as the market has bounced after a hotter than expected Retail Sales number in America.
( 60
min )
The energy sector is full of options for investors seeking to generate passive income.
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If AI is going to stick around for the long term, investors might want to add these stocks to their portfolio.
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Rising wages and a strong labor market encouraged customers to revive their spending on auto insurance, one of Progressive's core businesses. The company has also benefited from large pricing increases in personal auto insurance premiums. Mayfield Village, Ohio-based Progressive provides insurance for personal and commercial autos and trucks, motorcycles, boats, recreational vehicles and homes.
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This well-known, often-hot technology stock isn't the long-term winner most investors probably think it is.
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Super Micro Computer Inc (NASDAQ:SMCI) CEO Charles Liang discussed the company’s initiatives to lessen the environmental impact of data centers in an interview with CNBC’s Jim Cramer on Monday. The artificial intelligence server company’s clientele includes Nvidia Corp (NASDAQ:NVDA) and Elon Musk’s AI startup. Liang highlighted the benefits of Super Micro’s “liquid cooling” and “green computer” technologies, which aim to reduce carbon footprints and cut customer costs, CNBC reports. Meanwhile, N
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Bank of America said its profits fell in the second quarter, as higher interest rates ate into BofA's expenses, including its large consumer banking franchise. On a per share basis, BofA earned 83 cents, beating analysts' estimates. While Bank of America did see higher loan growth and more return on its assets in the quarter, much of the bank's interest income was eaten up by higher interest expenses.
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The popular growth investor keeps adding to some of her favorite falling stocks.
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Shares of the chip giant have gained some momentum of late, but can they keep heading higher?
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Bank of America Corp (NYSE:BAC) reported a second-quarter fiscal 2024 net income of $6.9 billion and EPS of $0.83, beating the analyst consensus estimate of $0.80. Revenue, net of interest expense, increased 0.8% year-over-year to $25.54 billion, beating the analyst consensus estimate of $25.22 billion. Segment Net income: Consumer Banking $2.595 billion vs. $2.853 billion Y/Y, Global Wealth and Investment Management $1.03 billion vs. $978 million Y/Y, Global Banking $2.12 billion vs. $2.65 bill
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Morgan Stanley (MS)'s profit rose in the second quarter as investment banking activity rebounded.
Its net income rose to $3.1 billion, or $1.82 per share, in the three months ended June 30, the bank said on Tuesday. That compares with $2.2 billion, or $1.24 per share, a year earlier.
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Tracing the reasons to be optimistic about the Georgia representative's recent purchases.
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Saving $1 million (or more) for retirement is a great goal to have. Putting that much aside could make it easier to live your preferred lifestyle when you retire, without having to worry about running short of money. However, not … Continue reading → The post What Percentage of Retirees Have a Million Dollars? appeared first on SmartAsset Blog.
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While many retirement accounts offer tax-sheltered ways to save and invest, the IRS mandates accountholders start withdrawing money at a certain point. This takes the form of required minimum distributions (RMDs). Required minimum distributions currently start at age 73 for many retirement accounts. It’s not uncommon to reach an age when the IRS requires you […] The post I Have to Take RMDs, But Don’t Need the Money Yet. What Can I Do With It? appeared first on SmartReads by SmartAsset.
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Banks are shelling out more on deposits as interest rates are at their highest since 2007, which have boosted returns on bonds, making alternatives such as money market funds more attractive. BofA's net interest income (NII) - the difference between what the bank earns on loans and pays out on deposits - fell 3% to $13.7 billion.
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min )
Find the latest HireQuest, Inc. (HQI) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
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Called Hammerhead, the project is expected to commence production before the end of the decade.
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These industrial and materials stocks benefit from economic growth.
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UnitedHealth Group topped second-quarter expectations but stayed cautious on its outlook for the year as it continued to eat costs from a massive cyberattack to its Change Healthcare business. The health care giant said Tuesday it still expects adjusted earnings to fall between $27.50 and $28 in 2024, an outlook it first predicted last fall. Analysts expect earnings of $27.70 per share, according to FactSet.
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These companies have lucrative positions in tech that could see their stocks soar higher than any cryptocurrencies.
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The U.S. stock market has been on a roll this year, despite no change in interest rates, but some suggest the momentum is being fueled by Trump and his chances to retake the White House in November.
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Is it smart to pay off my mortgage with money from my 401(k) and save $800 more per month? The mortgage balance is $60,000. – Robert Many people consider paying off their mortgage to be a "must do" before retiring. While there are benefits to this approach, there are also tradeoffs, so it's good that […] The post Ask an Advisor: Is It Smart to Pay Off My Mortgage With My 401(k) to Free Up $800 Each Month? appeared first on SmartReads by SmartAsset.
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Cyberspace has never been more dangerous, and that's a tailwind for these two cybersecurity stocks.
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min )
Warren Buffett's conglomerate is still an evergreen investment.
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Wall Street sees buying opportunities in these growth stocks that have lagged the market in 2024.
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min )
Nvidia's three most-prominent billionaire sellers opted to put their respective fund's capital to work in a trio of brand-name companies trading at a discount.
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These industry leaders present investors with compelling long-term growth opportunities.
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min )
Long-term investors should keep in mind that Bitcoin has a proven track record of bouncing back from steep market declines.
( 62
min )
A tobacco company and a pharmacy chain both offer enormous dividend yields, but that doesn't necessarily mean they're right for your portfolio.
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These companies are well positioned to reward shareholders.
( 62
min )
Union Pacific as a solid passive income play to consider now.
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CRISPR Therapeutics could start reporting product revenue soon.
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min )
Nvidia has been a stunning investment, but Wall Street sees Super Micro Computer as a better AI stock to buy right now.
( 62
min )
Investors are betting that small modular reactors will benefit from the artificial intelligence boom.
( 62
min )
Three high-octane monthly dividend stocks -- sporting an average yield of 9.92% -- have the sustained catalysts needed to make their patient investors notably richer.
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min )
People like to see what history might be telling them.
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min )
Analysts at Northland Capital Markets slashed their Intel (NASDAQ:INTC) estimates due to recent export restriction targeting Huawei, server CPU share loss to its peer AMD (NASDAQ:AMD), and expectations that PC demand slow down in the second half of 2024 (2H:24)
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Investors remained bullish in July, supported by the belief U.S. interest rates will soon fall, preventing a hard landing for the economy, and now see geopolitics as the biggest risk to that scenario, Bank of America's global fund manager survey showed on Tuesday. The bank said this reflected the view that interest rates are about to start dropping, as investors see monetary policy at its most restrictive since November 2008, and that this easing will generate a 'soft landing' for the economy.
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Mizuho analysts cut their rating on Palantir (NYSE:PLTR) stock from Neutral to Underperform, saying the big data analytics software maker’s rich valuation is becoming “hard to justify.”
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(Bloomberg) -- Segantii Capital Management Ltd. has returned more than 90% of its client capital, according to people familiar with the matter, less than two months after the hedge-fund firm told investors that it would give them back their money. Most Read from BloombergBlackRock Says Gunman From Trump Rally Appeared in Firm’s AdTrump Shooting Changes Biden’s Plan to Revive 2024 CampaignTrump Taps Vance as Running Mate, Picking Populist ProtegeAmazon Sold a Used Diaper. It Tanked a Mom-and-Pop
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(Bloomberg) -- Asian shares dropped, shrugging off gains on Wall Street, as bets on a second Donald Trump term following his running mate announcement trigger further trade and geopolitical concerns.Most Read from BloombergBlackRock Says Gunman From Trump Rally Appeared in Firm’s AdTrump Shooting Changes Biden’s Plan to Revive 2024 CampaignTrump Taps Vance as Running Mate, Picking Populist ProtegeAmazon Sold a Used Diaper. It Tanked a Mom-and-Pop BusinessTrump Classified Documents Case Dismissed
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Huge debt piles among the world's biggest economies are starting to unnerve financial markets again, as elections cloud the fiscal outlook. French bonds took a beating after a surprise election and hefty spending plans caused alarm. U.S. debt dynamics are in focus ahead of a November presidential election.
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Berkshire Hathaway shares closed at a record high on Monday, buoyed by gains in some of the conglomerate’s key holdings. Monitor these important chart levels.
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Both companies are benefiting from AI-driven demand for cloud computing.
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De Europese Rekenkamer heeft stevige kritiek op het EU-beleid rond de productie van duurzame waterstof. De doelen die zijn gesteld voor 2030 zijn nergens op gebaseerd en bovendien onhaalbaar, denken de controleurs.
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min )
Medewerkers van luchthavens in Parijs leggen in de week voor de Olympische Spelen het werk niet neer. Eerder leek dat nog wel te gaan gebeuren.
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min )
De 'banenafspraak' werkt niet goed, zegt de Nederlandse Arbeidsinspectie. De regeling moet mensen met een arbeidsbeperking aan werk helpen. Maar voor een groot deel van die groep is het onmogelijk bij een reguliere werkgever aan het werk te gaan.
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Het kabinet stelt miljoenen euro's beschikbaar om mensen op te leiden voor werk in de microchipsector. Het grootste bedrag moet naar Eindhoven gaan: 275 miljoen euro.
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Tesla wil bijna achthonderd nieuwe werknemers aannemen. Dat is bijzonder, omdat topman Elon Musk slechts drie maanden geleden abrupt de grootste reeks ontslagen in de geschiedenis van het Amerikaanse autobedrijf aankondigde.
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Het vrachtschip Fremantle Highway brandde vorige zomer uit bij Ameland. Bijna een jaar later vindt een felle strijd plaats in de rechtbank over de verkoop van het schip, dat nu Floor heet, en de auto's die het vervoerde.
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Er gaan meer bloemen de grens over. Vooral de afgelopen drie maanden was er veel vraag naar Nederlandse bloemen. Zo waren Oost-Europese landen zeer geïnteresseerd in onze tulpen en rozen.
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De provincie Zuid-Holland wil onderzoeken wat de economische gevolgen zijn als het vliegveld van Rotterdam wordt omgevormd tot een bedrijventerrein, een natuurgebied of een woningbouwlocatie.
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Ruim een kwart van de door toezichthouder NVWA onderzochte volkorenproducten heet onterecht volkoren. De dienst deelt boetes uit en dwingt producenten verpakkingen aan te passen.
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Het pensioenstelsel gaat de komende jaren flink op de schop. De risico's komen meer bij pensioendeelnemers te liggen. Stem en discussieer mee over de stelling: 'Ik maak me zorgen over het nieuwe pensioenstelsel.'
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min )
Het moederbedrijf van drogisterij Kruidvat heeft een boete van 600.000 euro gekregen. AS Watson verzamelde tegen de regels in gevoelige persoonsgegevens van miljoenen bezoekers van Kruidvat.nl, meldt de Autoriteit Persoonsgegevens (AP).
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Veel koeriers en andere zzp'ers geven er de brui aan. Ook trekken minder mensen de ondernemersschoenen aan. De KVK turfde afgelopen kwartaal opvallend minder inschrijvingen van nieuwe bouwbedrijven. Daarnaast groeit het aantal mkb-bedrijven dat stopt.
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Een groot deel van de Nederlanders is niet bekend met de aanstaande veranderingen voor hun pensioen. En dat is zorgelijk, zegt voorlichtingsinstituut Nibud.
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min )
De prijzen van huurwoningen in de vrije sector zijn in een jaar met bijna 10 procent gestegen. Tegelijkertijd is het aanbod van woningen met ruim 30 procent teruggelopen. Dat blijkt uit cijfers van huurplatform Pararius over het tweede kwartaal.
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Tesla's planned debut of its autonomous robotaxi could help drive the electric vehicle maker's stock price higher, analysts say, despite delays.
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min )
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Tesla reports earnings July 23. In addition to the numbers and outlook, investors will be watching for news on the company's robotaxi plans.
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The S&P 500 added 0.6% on Tuesday, July 16, 2024, amid stronger-than-expected retail sales data and greater certainty that the Federal Reserve will lower interest rates in September.
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min )
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Gartner research forecasts higher IT spending in 2024 as companies invest in artificial intelligence, with data-center and software spending to grow the most.
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min )
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Doubts About Previously Anticipated Demand, Particularly From China, Have Grown
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While U.S. retail sales were unchanged in June, that was better than the decline economists were expecting, showing consumers may still have more spending left.
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Gold prices hit a record high Tuesday as investors anticipate likely interest rates cuts starting this fall.
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Jefferies analysts expect that a slide in business IT spending will be bottoming out soon. Jefferies named EPAM Systems as a possible beneficiary.
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min )
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The Dow reached a record high in intraday trading Tuesday following several stronger-than-expected earnings reports.
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Wolfe Research analysts initiated upbeat coverage of Amazon, highlighting opportunities for the company including its cloud segment and artificial intelligence initiatives.
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min )
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Bank of America upgraded Shopify, saying the online payments platform is turning a corner on balanced growth and profit margin.
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min )
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Builders were down about their current sales and traffic but feel more optimistic about the outlook while investors anticipate potential cuts by the Federal Reserve.
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min )
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Bitcoin tested $65,000 after former President Donald Trump picked "pro-crypto" J.D. Vance as his running mate and speculation of a spot ether ETF approval next week gathered steam.
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PNC Financial shares surged Tuesday after the bank beat analysts' second-quarter earnings and revenue estimates on higher fees.
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The International Monetary Fund released a fresh outlook for the global economy, forecasting a decline in U.S. growth next year while also warning that stubborn inflation may keep global interest rates higher for longer.
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Import prices were unchanged in June after declining for the first time all year in the prior month.
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Charles Schwab shares tumbled in intraday trading Tuesday after CEO Walt Bettinger said in an earnings call that the financial services company plans to downsize in order to maintain profitability.
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Fed Fund Futures Show Expectations for Multiple Cuts Before End of the Year
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State Street's earnings per share came in at $2.15, with revenue higher by 2.6% to $3.19 billion.
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Morgan Stanley shares jumped after the bank posted strong second-quarter results on the top and bottom lines despite sluggish growth in its wealth management business.
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U.K. regulators opened an investigation into Microsoft's hiring of former Inflection AI employees and related agreements, citing concerns about whether they could affect competition.
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Uber users will now be able to see average wait times and prices for trips starting at local airports across thousands of cities.
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UnitedHealth Group's earnings exceeded forecasts as its Optum division added more patients and pharmacy customers.
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Bank of America shares rose Tuesday after it reported second-quarter results that beat estimates as investment banking fees surged 29%.
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Hugo Boss shares are tumbling Tuesday after the luxury fashion retailer became the latest to warn of bad times for the high-end sector.
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Starboard Says Match Needs to Improve Profitability or Consider Going Private
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News of the day for July 16, 2024
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Index Posted its First Record Close Since May 17 on Monday
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Berkshire Hathaway shares closed at a record high on Monday, buoyed by gains in some of the conglomerate’s key holdings. Monitor these important chart levels.
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